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).) Cost of Goods Inventory Increase Accounts Payable Cash Paid to Situation Sold (Decrease) Increase (Decrease) Suppliers 300.0 300.0 9.9 1 0 0 2 0 3 300.0 0 15.7 4 300.0 9.9 15.7 5 5 300.0 (9.9) (15.7) 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 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. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list 1 Record the entry for situation N Record the entry for situation 2. 3 Record the entry for situation 3. 4 Record the entry for situation 4. 5 Record the entry for situation 5. Credit Note : journal entry has been entered Record entry Clear entry View general journal