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Sharp Electronics reports in Japanese Yen Sharp sells cathode-ray televisions to hipsters in Brooklyn. The televisions are priced in bitcoin and the hipsters have 30

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Sharp Electronics reports in Japanese Yen Sharp sells cathode-ray televisions to hipsters in Brooklyn. The televisions are priced in bitcoin and the hipsters have 30 days to deliver the bitcoin to Sharp. The price of bitcoin collapses after a sale contract is signed. What are the accounting effects for this? Revenue same, accounts receivable down O Revenue down, accounts receivable the same O Revenue down, accounts receivable down

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