june 2013 pls help

i have a little difficulty in understanding what the question says like for ques 1 for june 2013 adjustment no 4 the last line says ” The only accounting entries which have been made for the year ended 31 May 2013 are the cash entries for the loan and interest received which have resulted in a balance of $48·5 million being shown as
a financial asset.” so wont we credit the financial asset with 48.5 to remove this asset nd den record it at closing balance of 47.25?

like wise adjustment no 7 says “The above figures have not been taken into
account for the year ended 31 May 2013 except for the contributions paid which have been entered in cash and the defined benefit obligation.”” wont this imply that an obligation for 6 have already been recorded in the balance sheet??

please help me clear this as im finding it highly confusing