Analyze the transactions of a business organized as a proprietorship described below and indicate their effect on the basic accounting equation. Use a plus sign (+) to indicate an increase and a minus sign (-) to indicate a decrease. 
Definitions:
Average Total Cost
The total cost of production divided by the quantity of output produced, representing the average cost per unit of output.
Concentration Ratio
A measure of the total market share held by a specific number of the largest firms within an industry, indicating the degree of market concentration.
Total Sales
The total revenue generated from the sale of products or services.
Monopolistically Competitive
Pertains to a market structure where numerous firms sell products or services that are similar but slightly differentiated, leading to non-price competition.
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