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.
2. Public Cloud Storage. Public cloud storage is where the enterprise and storage service provider are separate and there aren't any cloud resources stored in the enterprise's data center. The cloud storage provider fully manages the enterprise's public cloud storage.