Ex$.2-4$ Enter the following transactions in the two$-$column journal of Coast Tile Service Company. Include a brief explanation of the transaction as part of each journal entry. Do not include in the explanation any amounts or account titles since these are shown in the debit$-$credit portion of the entry.

Nov. $1$ The owner, William Powell, invested an additional $$12,000$ cash in the business.

Nov. $3$ Purchased an adjacent vacant lot for use as parking space. The price was $$28,800,$ of which $$4,800$ was paid in cash; a note payable was issued for the balance.