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.
An architectural model of a distributed system simplifies and abstracts the functions of the individual components of a distributed system and â¢ Organization of components across the network of computers â¢ Their interrelationship, i.e., communicate with each other net programming, winter term 2011/2012 15 Architectural elements