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|Published on: Dec 9|Categories: Accounting JAMB| 0 comments A. absorption B. merger C. conversion D. dissolution Correct Answer: Option A – absorption Users Also Read These:The depreciation on plant acquired by a…Every economic unit, regardless of its legal form of…Admission Requirements to Yusuf Bala Usman College…Which of the following brings a company into legal…Business interruption claims will only be settled if…SEE ALSO The balance of the receipts and payments account is?