The total list price for in-state Connecticut residents to go to ECSU is $22,210 for the 2014/2015 academic year. Out-of-state students who don't possess Connecticut residence can expect a one year cost of $32,496.
What is 'Periodic Inventory' Periodic inventory is a method of inventory valuation for financial reporting purposes where a physical count of the inventory is performed at specific intervals. This accounting method for inventory valuation only keeps track of the inventory at the beginning of a period, the purchases made and the sales during the same period and is recorded under the asset section of the balance sheet.
Purchased $30,000 of merchandise on account from Owen Clothing, terms 2/10, n/30.Purchases 30,000Accounts PayableâOwen Clothing 30,000 Under the perpetual inventory system, such purchases would be recorded in the mer-chandise inventory account at their cost, $30,000.