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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2 days 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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7 days 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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