1 The Harding Law Partnership (HLP) provides legal services to commercial clients in the c
1 The Harding Law Partnership (HLP) provides legal services to commercial clients in the country of Strifeland. The
partnership commenced trading on 1 June 2001. Each of the advisors employed by HLP is a specialist in the
provision of legal services in respect of ONLY one of the following categories of work:
Property;
Commercial; or
Litigation.
Appendices 1.1 and 1.2 below show statistics (both budget and actual) for the twelve month period ended 31 May
2007 for HLP and also for a competitor, Merlin Advisory Services (MAS).
Additional information relating to HLP for the year ended 31 May 2007 is as follows:
(1) Fees charged per consultation (including subcontracted consultations)
<img src='https://img2.soutiyun.com/ask/uploadfile/10836001-10839000/2c388122a97ce40d65c009044d371080.gif' />
<img src='https://img2.soutiyun.com/ask/uploadfile/10836001-10839000/5c46af8c50254c87846d085cff18af0a.gif' />
Required:
(a) Using the information contained in Appendix 1.1, prepare budgeted and actual profit and loss statements for
HLP and also a profit and loss statement on an actual basis for MAS for the year ended 31 May 2007.
(14 marks)
时间:2023-03-27 09:53:07
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