Cash paid to suppliers and only the 3rd journal entry is needed. the A/P is correct but COGS & Cash is not for 3rd journal entry

Exercise 21-6 (Algo) Summary entries for cash paid to suppliers of merchandise (LO21-3] For each of the five independent situations below, prepare a journal entry that summarizes the purchases, sales, and payments related to inventories in order to determine the amount of cash paid to suppliers. All dollars are in millions. Complete this question by entering your answers in the tabs below. Cash Paid to Supp General Journal Calculate the amount of cash paid to suppliers for each situation. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Situation Cost of Goods Sold 250 Accounts Payable Increase (Decrease) Cash Paid to Suppliers 1 Inventory Increase (Decrease) 0 7.9 0 2 250 0 3 0 12.7 250 250 250 12.7 7.9 (7.9) 5 (12.7) Journal entry worksheet Record the entry for situation 3. Note: Enter debits before credits. Credit Event 3 Debit 262.7 General Journal Cost of goods sold Accounts payable Cash 12.71 250.0 Record entry Clear entry View general journal