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Hawks News Inc. sells a monthly magazine called The Hawk Hawks News Inc. has chosen a December 31 fiscal year end and began operations in
Hawks News Inc. sells a monthly magazine called "The Hawk" Hawks News Inc. has chosen a December 31 fiscal year end and began operations in 2020. During the year ended December 31, 2020 Hawks News Inc. received customer subscription payments as follows: Subscriptions for the period October 2020-September 2021 $ 5880 Subscriptions for the period November 2020-October 2021 $ 7020 Subscriptions for the period December 2020-November 2021 Hawks News Inc. delivered the magazine subscriptions for October, November and December. Calculate the amount of subscriptions revenue Hawks News Inc. will recognize for the year ended December 31, 2020. Your
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