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:Every economic unit, regardless of its legal form of…Bala Ltd acquired the business of bello Ltd and…The term overpopulation could best be described as a…A situation in which the bulk of the urban…XYZ Ltd's total sales was #100,000. It had opening…