(A) Does the existence of the NCI affect the BCVR entries? Why or why not? Using the following information demonstrate how the existence of an NCI affects the pre-acquisition entry. Explain the journal entry line by line. Gold Ltd acquired 90% of Hardwood Ltd for $252,000 cash on 1 July 2019. At that date the equity of Hardwood included the following: Share Capital Retained Earnings $200 000 80 000 280 000 (A) Does the existence of the NCI affect the BCVR entries? Why or why not? Using the following information demonstrate how the existence of an NCI affects the pre-acquisition entry. Explain the journal entry line by line. Gold Ltd acquired 90% of Hardwood Ltd for $252,000 cash on 1 July 2019. At that date the equity of Hardwood included the following: Share Capital Retained Earnings $200 000 80 000 280 000