Which of the Following Statements Is Incorrect

Multiple Choice

Which of the following statements is incorrect?

A) The NCI is unaffected by the existence of any gain on bargain purchase.
B) The NCI share of equity at acquisition date is adjusted for its share of any gain on bargain purchase.
C) Any gain on bargain purchase is recognised in the pre-acquisition entry.
D) The pre-acquisition entry only adjusts for the parent's share of the pre-acquisition equity.