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.
Author: Brad Curtis On: October 1st, 2013. Metal buildings have long been the preferable method of construction for industrial, commercial and institutional uses. Today, however, more and more people are choosing to utilize a metal building system as their residential space too. In this article, I will cover some of the reasons why a metal building system makes a superior residential building option to traditional wood-framed construction.