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ng Principx + O File | C:/Users/15044/Downloads/Fundamental%20Accounting%20Principles%2024th%20Edition%20by%20... + E A Read aloud Draw V Erase d the Numbers NGE BTN 18-1 Assume that you are the managerial 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 having enough cash to pay the expected income tax bill because of poor cash flow manage- ment. On November 15, the purchasing department purchased excess inventory of CD raw materials in anticipation 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 sup- plies and expense it in the current year; this would decrease the company's tax liability by increasing expenses. Required 1. In which account should the purchase of CD raw materials be recorded? 2. How should you respond to this request by the chief financial officer? NICATING TICE BTN 18-2 Write a one-page memorandum to a prospective college student about salary expectations for graduates in business. Compare and contrast the expected salaries for accounting (including dif- ferent enfielde en uhlia Anna vid farthelatine ant

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