The definition of a datum is a fact used to make a conclusion or a point of reference in geography or geology. An example of a datum is a new scientific discovery used to reach a conclusion about the common cold.
How do you estimate minimum cash balance for the company? 2 ways I heard about are: 1) keep it equal to cash balance on B/S and 2) based on Net Working Capital. Is any of those methods preferred? Is there any other school of calculation that? And, if NWC method, then what exactly do you include in calculation (like include or excl.
Your Current / Ledger Balance is your beginning of the day balance. Your Available Balance is your beginning of the day balance plus or minus any of Today's Credits or Today's Debits. For example, your current/ledger balance is $100. Today's credits total $25 (you . deposited $25 cash at your local Branch), and Todayâs Debits total $10 (you withdrew $10 at an ATM). Your available balance would be $115. Note: Other . transactions may be credited/debited to your account throughout the day.