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:As a journalist; Bala has always had a nose for storiesThe records of Superstores shows a loan of #14000…A situation in which the bulk of the urban…Mr. Bala’s income is $800.00 per month while that of…The depreciation on plant acquired by a…