A contra-asset account has a credit balance and offsets the debit balance of the corresponding asset. A contra-liability account has a debit balance and offsets the credit balance of the corresponding liability. â You should try to keep a good standing with your contra account so that you know you have everything covered. â.
In 2009, the availability of high-capacity networks, low-cost computers and storage devices as well as the widespread adoption of hardware virtualization, service-oriented architecture, and autonomic and utility computing led to a growth in cloud computing.
Open Architecture Opportunity: Open-source software components are fueling a new reseller's market, customized enterprise software for smaller companies. (Enterprise Applications) But two extraordinary changes are making open source substantially more plausible as a development and research model for 2000 than it was for 1990--and they'll make it even more so for 2010.