$\text{CH}_3\text{CH}_2\text{OH}+\text{O}_2\xrightarrow{\ \ \text{Acetobactor}\ \ }\text{CH}_3\text{COOH}+\text{H}_2\text{O}\\\ \ \ \ \ \text{Ethanol}\ \ \ \ \ (\text{Air})\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \text{Ethanoic acid}\\\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ (\text{as vinegar})$
The acid obtained is in the form of dilute solution called vinegar.
We have also studied under ethanol that it gets oxidized to ethanoic acid in the presence of dilute solution of alkaline KMnO4 or acidified K2Cr2O7.
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