ABC Company made a $2,500 payment on account, to satisfy a previously recorded account payable. Set up the necessary T-accounts below and show how this transaction would be recorded directly in those accounts. 
Definitions:
Trait
A unique trait or feature, usually associated with an individual.
Psychoanalytic
Pertaining to the theory and therapeutic method developed by Sigmund Freud, focusing on unconscious motivations and conflicts as determinants of behavior.
Past Performance
Refers to the historical achievements or actions of an individual or entity, often analyzed to predict future behavior or outcomes.
Social-cognitive Theorists
Scholars who study how individuals learn and behave within a social context, focusing on the interplay between mental processes and social interactions.
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