con on the balance sheet equation, and prepare journal entries to record the tractions (a) HW Buffet Co. employees earned $350,000 in the week ended December 17, 2016. of this $26,775 wat withheld from employees' pay for RCA and $62,000 for Income to the pay was directly deposited into the employer bank accounts Prepare the journal entry to record the employer's share of payroll taxes for December 17, 2016. The company must pay $1,200 for unemployment ances