Pls check if correct or not

QUIZ ON BASICS OF ACCOUNTING
1.What are resources owned by a business called?

1. Owner's things
2. Liabilities
3. Assets
4. Toys

2. What are the factors that a business owes or needs to pay called?

1. Profit
2. Assets
3. Liabilities
4. Capital

3. What are individuals or organisations that owe amounts to a business known as?

1. Debtors
2. Creditors
3. Credit suppliers
4. Debit owners

4. What is another name for outstanding expenses?

1. Debit
2. Loans
3. Credit
4. Accruals