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Distribution of Cash Upon Liquidation traw Lincoin, and Mapes arranged to import and sell orchid coriaget for a university dance. They agreed to share equally

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Distribution of Cash Upon Liquidation traw Lincoin, and Mapes arranged to import and sell orchid coriaget for a university dance. They agreed to share equally the net income of those of the venture. Bray and Lincoin advanced $810 and $1.230 of their own respective funds to pay for advertising and other expenses. Alter collecting for all sales and wing creditors, the partnership has 13.300 in cash Use the minus sign to indicate any deficiency for the capital accounts, How much net income was warned from the venture? b. How should the $3.300 be distributed Bray Lincoln Mapes Total Capital balances and cash distribution c. Assume that the partnership has only 51.740 Instead of $3,300. Complete the following table to determine if any of the three partners have a capital deficiency? Bray Lincoln Mapes Total Capital balance

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