The answer to the Q3 is uncertain.And the answer to the Q2 is totally wrong. the take-or-pay contract it's an aggrement between a buyer and seller in which the buyer will still pay some amout even if the product or serviceis not provided.So it is not necessery at minimum amount or maximum amount according to the North american's acconting principle. the sales receivable do increase the operating parts while not exsisting in financing parts according to both international or north american accounting principle. |