This layer loses minerals and organic matter to the layer beneath it. This layer loses minerals and organic matter to the layer beneath it. This layer consists of organic matter, humus, and inorganic minerals. It facilitates plant rooting, has high nutrient content, and holds water. This layer consists of organic matter, humus, and inorganic minerals. It facilitates plant rooting, has high nutrient content, and holds water. This layer accumulates minerals and organic matter leached from upper soil layers. This layer accumulates minerals and organic matter leached from upper soil layers. This layer forms the base geologic material in a particular location; it is sometimes called bedrock. This layer forms the base geologic material in a particular location; it is sometimes called bedrock. This layer consists of plant residue atop the soil surface. On a forest floor, it may be leaves and twigs. In a field, it may be crop residue left after harvest. This layer consists of plant residue atop the soil surface. On a forest floor, it may be leaves and twigs. In a field, it may be crop residue left after harvest.

Ming chen began a professional practice on june 1 and plans to prepare financial statements at the end of each month. during june, ming chen (the owner) completed these transactions. a. owner invested $61,000 cash in the company along with equipment that had a $25,000 market value. b. the company paid $1,900 cash for rent of office space for the month. c. the company purchased $15,000 of additional equipment on credit (payment due within 30 days). d. the company completed work for a client and immediately collected the $2,100 cash earned. e. the company completed work for a client and sent a bill for $7,000 to be received within 30 days. f. the company purchased additional equipment for $5,500 cash. g. the company paid an assistant $3,000 cash as wages for the month. h. the company collected $5,200 cash as a partial payment for the amount owed by the client in transaction e. i. the company paid $15,000 cash to settle the liability created in transaction c. j. owner withdrew $1,500 cash from the company for personal use. required: enter the impact of each transaction on individual items of the accounting equation. (enter decreases to account balances with a minus sign.)