The current obligations of the parties arising from events in the past and will have to pay for future obligations are paid, which may be paid in the form of cash, assets or services.
Present obligation of the entity arising from past events and the Company will pay obligations in the future, which may be paid in cash, assets or services.
Current affairs, which is caused by the events of the obligations of the parties must be pay pay and future obligation which may be paid in the form of cash assets or services.