A contra-asset account has a credit balance and offsets the debit balance of the corresponding asset. A contra-liability account has a debit balance and offsets the credit balance of the corresponding liability. â You should try to keep a good standing with your contra account so that you know you have everything covered. â.
In 2009, the availability of high-capacity networks, low-cost computers and storage devices as well as the widespread adoption of hardware virtualization, service-oriented architecture, and autonomic and utility computing led to a growth in cloud computing.
For example, if you're storing information in a database, the architecture must incorporate a querying component to retrieve some specific piece of information. If you're building a Web site, accessing information employs components like browsing, scrolling and clicking. Organization systems are the categories in which we place information, such as author names and titles or shoe size, fabric and color. 2  Labeling systems are the ways we represent information, such as the level of terminology considered appropriate for the target audience.