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ABC Company purchased equipment for $8,000 on credit. Later, they paid $2,000 in cash towards the amount owed. Calculate the remaining accounts payable for the equipment on the company’s books after the cash payment.
ABC Company purchased equipment for $8,000 on credit. Later, they paid $2,000 in cash towards the amount owed. Calculate the remaining accounts payable for the equipment on the company’s books after the cash payment.
