CIMAPRA17-BA3-1 Exam - Topic 3 Question 124 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam

Question #: 124
Topic #: 3

[All CIMAPRA17-BA3-1 Questions]

Refer to the Exhibit.

Which of the following would be the opening balance on the bank ledger account?

A$479 Debit

B$642 Debit

C$479 Credit

D$642 Credit

Show Suggested Answer

Suggested Answer: A

by Lemuel at Apr 10, 2026, 07:08 PM

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17 days ago

I think it’s $479 Credit, but I could be wrong.

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23 days ago

I'm pretty sure the opening balance is $642 Debit.

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1 month ago

I feel like the opening balance is usually a debit, so maybe it's $479 Debit, but I need to double-check my notes.

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1 month ago

I’m leaning towards $642 Credit, but I’m a bit confused about how to interpret the exhibit correctly.

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2 months ago

I remember a similar question where we had to determine if the balance was a debit or credit based on transactions. This feels familiar.

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2 months ago

I think the opening balance should be a debit, but I'm not sure if it's $479 or $642.

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