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.
Oh the pressure. I steadied myself and explained 3Teraâs take is that cloud computing is for service users and utility computing is for service builders. Cloud computing is essentially about the surrender of control. Users of a service like Salesforce.com donât care how the site is implemented. They donât care about how it scales, deals with failure, or any of the other 1000s of little details you have to care about when running a complicated operation.