Debts owed by a business are called revenues liabilities equities assets

It is called liabilities. A liability is an organization's money related obligation or commitments that emerge over the span of its business operations. Liabilities are settled after some time through the exchange of financial advantages including cash, merchandise or administrations. Recorded on the correct side of the monetary record, liabilities incorporate credits, creditor liabilities, contracts, conceded incomes and accumulated costs.

Entrepreneur is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

The correct answer is "b".