You Add 50 Ml of Water to 150 Ml of a 6

question 28

Multiple Choice

You add 50 ml of water to 150 ml of a 6% solution. What is the new concentration?

• A) 3.0%
• B) 4.5%
• C) 7.5%
• D) 12.0%

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Definitions:

Revenue Accounts

Accounts that track the income generated from a company's primary operations and activities.

Expense Accounts

Financial accounts used to track money spent or costs incurred by a business in its operational activities.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones, thereby preparing the books for the next period.

Income Summary

An account used in the closing process during the accounting cycle that summarizes revenues and expenses before transferring the net income or loss to retained earnings.