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Exercise 11-19A Determine cash paid to suppliers (LO11-7) Consider the three independent situations below (amounts are $ in millions): Required: 1. Caiculate cash paid to

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Exercise 11-19A Determine cash paid to suppliers (LO11-7) Consider the three independent situations below (amounts are $ in millions): Required: 1. Caiculate cash paid to suppliers. (Enter your answers in millions (.e. $10100.000 should be entered as 10.3) Cost of Inventory Accounts Increase Decrease) (Decrease) Cash Paid to Suppliers Situation Increase Sold 150 150 150 150 (25) 195 145 (20) (20) (25) 2. Prepare the summary journal entry for each situation. (If no entry is required for a particular transaction/event, sel Entry Required" in the first account field. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1

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