B. assets, liabilities, and equity
Explanation:
These three are the important elements of a business.
Assets include all elements owned by a company that have a tangible value. This includes total physical assets, materials of production, equipment etc.
Liability includes the risks incurred by the company when it undertakes its business ventures. Liabilities exist in all business ventures in one way or another and are calculated against assets to be balanced.
Equity is the owner's investment in a market as in profits deducted by losses,
