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.
End users access cloud-based applications or services through a web browser or a lightweight desktop or mobile app (often referred to as a Client) while the business software and data are stored on servers at a remote location (off-site or off-premise).loud application providers strive to give the same or better service and performance as if the software programs were installed locally on end-user computers. At the foundation of cloud computing is the broader concept of infrastructure convergence (or Converged Infrastructure) and Shared Services.