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.
Best Answer: No, it is a liability. A mortgage is loan which is a debt. The mortgage payments decrease your assets therefore, the mortgage payable is a liability not an asset. Assets consist of among things, cash monies, unencumbered real estate and machinery. Liabilities consist of among other things, loans payable including mortgages and loans on machinery etc, salaries and insurance,