1. issued 10,000 shares of common stock for $15,000 cash.2. purchased land for $12,000, signing a note payable for the full amount.3. purchased office equipment for $1,200 cash.4. received cash of $14,000 for services provided to customers during the month.5. purchased $300 of office supplies on account.6. paid employees $10,000 for their first month's salaries.what was the total amount of ati's liabilities followingthese six transactions? a. $12,300.b. $27,300.c. $22,600.d. $15,500.

Option(A) is correct.

Explanation:

Given that,

Total amount of ATI's liabilities = Purchased land by signing a note payable + Purchased office supplies on account

                                                   = $12,000 + $300

                                                   = $12,300

All other transactions are done in terms of cash.

(1) Positive cash balance of $15,000.

(3) Negative cash balance of ($1,200)

(4) Positive cash balance of $14,000.

(6) Negative cash balance of ($10,000)

Whereas transactions (2) and (5) created liability for the ATI.

There are generally two ways to calculate GDP: the expenditures approach and the income approach. Each of these approaches looks to best approximate the monetary value of all final goods and services produced in an economy over a set period (normally one year).

Explanation: