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:Which of the following brings a company into legal…XYZ Ltd's total sales was #100,000. It had opening…Admission Requirements to Yusuf Bala Usman College…The combination of business activities of Abbas Ltd…Mr. Bala’s income is $800.00 per month while that of…