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.
The cloud model, in which data and applications are served to users over the Internet, is a particular implementation of distributed computing, as is grid computing, in which large numbers of often geographically dispersed systems work together to perform compute-intensive tasks.