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:A situation in which the bulk of the urban…The records of Superstores shows a loan of #14000…Every economic unit, regardless of its legal form of…The combination of business activities of Abbas Ltd…Mr. Bala’s income is $800.00 per month while that of…