Q6.1 4 Points Ball Ltd enters into a contract to loan $300,000 to Brown Ltd. Under the terms of the contract, Brown Ltd will settle the loan in 3 years by providing Ball Ltd with 300,000 shares in Brown Ltd. At the time the contract was signed, Brown Ltd.'s shares were trading at $1 per share. Explain the treatment of the above contract in Ball Ltd and Brown Ltd.'s books. No calculations required. (4 marks) Q6.2 4 Points On 1 November 2021 Hall Ltd wrote 20,000 exchange traded options in Wesfarmers Ltd at a premium of $4.00 each. The options have an exercise price of $45 and mature on 15 August 2022. Wesfarmers Ltd's share price is $40 on 15 August 2022. The options have a fair value to the holder of $3.00 each on 30 June 2022 and nil each on 15 August 2022. Prepare journal entries for Hall Ltd to account for the above transaction from inception date to the date the option expires. (4 marks)