Mastering payroll

27. The correct entry for the withholding of an employee's contribution to a pension plan is: a. Salary Expense Pension Plan Payable b. Salary Expense Cash c. Pension Plan Payable Cash d. Salary Expense Pension Plan Expenser a la 28. How many days does an employer have to process data on a revised W-4? a. 30 days b. 90 days c. 60 days d. 10 days 29. An employer is subject to FUTA requirements when its wages paid for the quarter exceed: a. $51,300 b. $5,000 c. $1,500 d. $3,000 30. For tax year 2020, the due date for filing paper forms with the SSA is: a. December 31 b. January 31 c. February 28 d. January 15 31. George is hired in 2018. When paychecks are distributed to employees on December 27, 2019, George is ill and does not claim his check until January 4, 2020. For what year must this income be reported? a. whichever year George requests b. 2019 c. 2018 d. 2020 32. On which form do employers report employees' gross taxable income? b. 1099 c. SS-8 d. W-4 a. W-2 33. On which form do employers report income for nonemployees? b. SS-8 a. W-4 c. 1099d. W-2