QUESTION 20 The journal entry a company uses to record partially funded pension rights for its salaried employees at the end of the year is a.debit Pension Expense; credit Unfunded Pension Liability and Cash Ob.debit Pension Expense; credit Unfunded Pension Liability c. debit Salary Expense; credit Cash d.debit Pension Expense; credit Cash QUESTION 21 PayToll taxes are based on the employee's net pay True False QUESTION 22 Assuming a 360-da y year, when a $20,000, 90-day, 5% interest-bearing note payable matures, total payment will be a. $1,000 b.$250 c. $21,000 d.$20,250 QUESTION 23 An interest-beating note is a loan in which the lender deducts interest from the amount loaned before the money is advanced to the True False