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.
Grid Computing is a form of distributed system with non-interactive workloads. Utility Computing is a business model where computing resources are metered. Cloud Computing is a form of utility computing that allows developers to develop, deploy and run applications.
As network bandwidth has increased, network access and scalability have also increased accordingly. Broad network access can and should be seen both as a trait of cloud computing and as an enabler. On-demand self-service is a keyâsome say the primaryâcharacteristic of the cloud. Think of IT as a complex supply chain with the application and the end user at the tail end of the chain.