Bala Ltd acquired the business of Bello Ltd and caused the separate existence of the latter company to terminate. This situation is best described as? By: Sunday|Published on: Dec 9|Categories: Accounting JAMB| 0 comments A. absorption B. merger C. conversion D. dissolution Correct Answer: Option A – absorption Users Also Read These:As a journalist; Bala has always had a nose for storiesThe most important reason for the existence of…Admission Requirements to Yusuf Bala Usman College…Mr. Bala’s income is $800.00 per month while that of…A business becomes a separate legal entity after it has?SEE ALSO An officer that is charged with the responsibility of carrying out investigations on the book of accounts to show the true and fair view is?