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Melvin's Cleaning Service completed the following transactions:
a. Billed clients for service, $1,050.
b. Completed work for clients $400 on account.
c. Received a bill for utilities to be paid later, $120.
d. Collected $700 cash for services performed.
e. Paid the amount due for utilities.
f. Withdrew $500 cash for personal use.
Required: Record the above transactions in the expanded accounting equation. Note that the items have beginning balances.
Melvin's Cleaning Service
Machiavellian Tendencies
Machiavellian Tendencies describe behaviors focused on manipulation, deceit, and exploitation to achieve personal goals.
Manipulate
To control or influence a person, situation, or system, often in a skillful but unfair or deceitful manner.
Personal Gain
The benefit or advantage that an individual receives or seeks from an action or decision, usually in the context of careers, business, or personal development.
Least Effective
Refers to processes, strategies, or actions that yield the poorest results compared to alternatives.
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