Shew the effects of eachtraction on the balance shee t on, and prepare () W Buffer Co. employees earned $350,000 in the week ended December 17, 2016. of this $26,775 wa withheld from employees pay for RCA and $62,000 for income te. Thenet pay was directly deposited into the employer bank accounts Prepare the journal entry to record the employer's share of HCA payroll taxes for December 17, 2016. The company must pay $1,200 for unemployment as Shew the effects of eachtraction on the balance shee t on, and prepare () W Buffer Co. employees earned $350,000 in the week ended December 17, 2016. of this $26,775 wa withheld from employees pay for RCA and $62,000 for income te. Thenet pay was directly deposited into the employer bank accounts Prepare the journal entry to record the employer's share of HCA payroll taxes for December 17, 2016. The company must pay $1,200 for unemployment as