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 | Dec 9 | Accounting JAMB | 0 comments A. absorption B. merger C. conversion D. dissolution Correct Answer: Option A – absorption Users Also Read These:Bala Ltd acquired the business of bello Ltd and…Danjuma Ltd. bought 10 bags of rice for N500 each.…The term overpopulation could best be described as a…Which of the following brings a company into legal…Mr. Bala’s income is $800.00 per month while that of…