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.
Loan Payable. Definition: A loan is an arrangement under which the owner of property (usually cash) allows another party the use of the property in exchange for an interest payment and the return of the property at the end of the lending arrangement. The loan is documented in a promissory note. If any portion of the loan is still payable as of the date of a company's balance sheet, the remaining balance on the loan is called a loan payable. If the principal on a loan is payable within the next year, it is classified on the balance sheet as a current liability.