8 At the end of Year 2. ABC Company accrued salaries in the amount of $2,000. On January 5, Year 3, ABC Co. paid the accrued salaries plus an additional $600 in salaries incurred in Year 3. What amount of Salaries Expense will ABC Co. recognized for Year 2? $2.600 $600 $2.000 Previous Next Quiz saved at 4:12pm Submit Qui and Question 9 Company borrowed $42.000 cash by issuing a note payable on April 1 Year 1. The note had a 25% annual rate of interest year beem to maturity: What is the Year 1 ending balance of the Interest Payable account? $2625 $20.500 Next -> T A