1. Calculate cash paid to suppliers. (Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) Situation Cost of Goods Sold Inventory Increase (Decrease) Accounts Payable Increase (Decrease ) 20 Cash Paid to Suppliers 25 1. 2. 150 150 150 20 3. (25) 25 (25) (20) 4. 150 (20) 2. Prepare the summary journal entry for each situation. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) View transaction list Journal entry worksheet Record the payment of cash to suppliers. Note: Enter debits before credits. Transaction General Journal Debit Credit 1