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.…Which of the following brings a company into legal…XYZ Ltd's total sales was #100,000. It had opening…Every economic unit, regardless of its legal form of…