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6. Under the percentage of completion method of accounting, a $10,000 contract is 30% complete. Using the percentage of completion method, if $4,000 of

6. Under the percentage of completion method of accounting, a $10,000 contract is 30% complete. Using the percentage of completion method, if $4,000 of the contract has been received as a payment, the unearned income is A. $1,000 B. $2,000 C. $3,000 D. $4,000

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