These transactions are recorded in the general journal first, and typically include more information than is included in the accounting ledger; the balance of each account is not included. As in the accounting ledger, however, the credits and debits listed in the general journal must total zero.
Part of the Software applications glossary: Distributed computing is a model in which components of a software system are shared among multiple computers to improve efficiency and performance.
Cloud computing is the delivery of shared computing resources, software or data â as a service and on-demand through the Internet.. Most of the confusion occurs because virtualization and cloud computing work together to provide different types of services, as is the case with private clouds.