A Solution Is Prepared by Dissolving 23

question 52

Multiple Choice

A solution is prepared by dissolving 23.7 g of CaCl₂ in 375 g of water. The density of the resulting solution is 1.05 g/mL. The concentration of CaCl₂ in this solution is molal.

• A) 5.70
• B) 63.2
• C) 1.76
• D) 0.214
• E) 0.569

Understand the principles for recognizing interest revenue and expenses related to non-interest bearing notes.

Understand the fundamentals of bonds issuance and the impact of different interest rates (contract vs. market) on bond prices.

Learn how to record and report different bond transactions, including issuance, interest expense calculation, amortization of discounts or premiums, and redemption.

Grasp the concept of convertible debt and the accounting treatment under GAAP.