BGA1 – Problems In Budgeting and Financial Statements (6 cu’s)

I had just completed bga1 today. I found it to be very similar to FNT1 except with a few more tasks. If you did pretty good at FNT1 then you should do fine with this course. I thought this course was much easier than ACA1 just because task 2 of that course was tricky. All the tasks in BGA1 are pretty straight forward. Another course down!

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Congratulations! I am starting BGA soon once I get the test for ATO done with this week.

Congrats !

I’m having problems calculating the mortgage interest on BGA1 Task 1. I’m using the excel formulas, ipmt, ppmt and pmt. Should I use $430,000 for the PV, or the $240,000?

I’m a little confused..

Thanks

I would like to know the answer to this too!

I have never followed a blog before, this is very interesting!

The easiest way to find the mortgage expense is to use an online mortgage calculator and it will tell you what you need to know for this.

do you have a mini guide for bga, could I have it if you do?

I don’t have a guide for bga1, but if you want to email with any questions you have, I will try to help.

What resources did you find the most helpful for BGA1. Textbook or skillsoft? Or something else?

Can you please help me with BGA1 task 1. I am either getting wrong the depreciation or mortgage interest. I finished all the other part of task 1. Thank you in advance

I would like to know if you could help me with Task 2 Cash Budget. I can’t figure out what item I should be excluding from this budget.

Need some help figuring out the PV Factors in Task 3. I’m probably over looking something.

Jason, do you need help with all of them or just for a certain year?

All if possible. I guess I’m just confused on how to determine the PV factor in general.

Jason, I’m so glad I’m not the only one who can’t seem to figure this part out! I have gotten to that part and am stuck!!

I also have a question regarding Task 3.