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.
As long as design rules are obeyed, different parts of a modular application may be independently configured, deployed and upgraded. Microservices and containerization are the latest examples of this ongoing drive towards greater modularity. Microservices improve modularity by building applications from internal light-weight services, each of which may be independently replaced. Containerization improves environment isolation. Each component is isolated from its physical platform and other tenants via its host container.