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Bianca Houston, Jana Alsup, and KeKe Cross arranged to import and sell orchid corsages for a university dance. They agreed to share equally the net
Bianca Houston, Jana Alsup, and KeKe Cross arranged to import and sell orchid corsages for a university dance. They agreed to share equally the net income or net loss of the venture. Houston and Alsup advanced $510 and $780 of their own respective funds to pay for advertising and other expenses. After collecting for all sales and paying creditors, the partnership has $2,100 in cash. Use the minus sign to indicate any deficiency for the capital accounts. a. How should the money be distributed?
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