January 1,2016 Orange Tree Spa invests in $100,000 worth of Apple Spa shares to hold as a short term investment.On December 31,2016,this investment now has a market value of $105,000.
On May 1,2017 Orange Tree Spa sells their Apple Spa shares for $95,000.Prepare the required entries for Orange Tree Spa.

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The Answer of January 1,2016 Orange Tree Spa invests in $100,000 worth of Apple Spa shares to hold as a short term investment.On December 31,2016,this investment now has a market value of $105,000.
On May 1,2017 Orange Tree Spa sells their Apple Spa shares for $95,000.Prepare the required entries for Orange Tree Spa.

January 1,2016 Orange Tree Spa Invests in $100,000 Worth of Apple