Hi Angie,
Like my case my banquet expenses divided into 3 portions. 1 portion pay by my FH grandparents, as pin jing for bride's parents (so the ang pow is belong to my parents). 1 portion from his dad, for groom's side tables, last portion pay by both of us, for our frens & coll. By the end of the day, the ang pow collected from the tables paid by his dad & us (FH & i) will return to his grandparents & his dad. My FH & I will bear the losses from my parents' tables.