This is a 'post-first' discussion forum. There are currently 12 threads in this forum. Join the conversation by creating a thread! Enter Chapter 14 in the Subject Box This is a required activity. You must post before viewing other studenit's posts. Answer the lead question. Additionally, expand the discussion by posting two responses to your peers' posts Chapter 14 Lead Question Discussion Post accountant at Infostore, a manufacturer of hard drives, CDs, and DVDs. Its reporting year-end is December 31. The chief financial officer is concerned about Assume that you are the having enough cash to pay the expected income tax bill of rapid growth of this product beginning in January. To decrease the company's tax liability, the chief financial officer tells you to record the purchase of this inventory as part of supplies and expense it in the current year; this would decrease the company's tax liability by increasing expenses. 1) In which account should the purchase of CD raw materials be recorded? Which financial statement does this account show up on? 2) How should you respond to this request by the chief financial officer? 40322018 eatch