The object of the Stupid Mouse Click Game is to see how many times you can click your mouse button in ten seconds. Press the START button and then click like a madman on the CLICK HERE button as many times as you can. What is the point of this game?
Rating Newest Oldest. It is neither. It is a liability. Obtaining or repaying a mortgage is a financing activity. Making interest payments on the mortgage is an operating activity. A liability is not an activity. Cash receipts and payments are classified as operating, financing, or investing activities.btaining or repaying a mortgage is a financing activity. Making interest payments on the mortgage is an operating activity. A liability is not an activity.
When you set up the Mortgage Account, you should have a Fixed Asset which is the Property and you show the Amount that you purchased for that Property. You will have a Loan Account, the Mortgage Loan as a Loan or Long-Term Liability Account. You will have a Bank Account called Escrow Account. And, you will have an Expense Account called Interest Expense. When you make a Mortgage payment, The Check will show the total Amount of the payment.