The Defiance College sells season tickets for four home games at a price of $30. For the 2014 season, 5,000 season tickets were sold.

a. Write the journal entry to show the effect of the sale of the season tickets.

b. Write the journal entry to show the effect of hosting a home football game.

c. Where on the balance sheet would the account balance representing funds received for games not yet be classified? Assume that The Defiance College follows the same accounting and financial reporting procedures that are used in business.