Which one of the following is not resulted in capital formation? Mr. X buys the bonds of a company which develops new ports out of his savings Mr. X subscribes to equity shares of an airline company in their IPO Mr. X buys a piece of land to grow organic vegitables Mr. X buys gold on the expectation that Gold price is likely to increase

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter1: Role Of Accounting In Society
Section: Chapter Questions
Problem 14MC: All of the following are sustainable methods businesses can use to raise capital (funding) except...
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Which one of the following is not resulted in capital formation?

Mr. X buys the bonds of a company which develops new ports out of his savings
Mr. X subscribes to equity shares of an airline company in their IPO
Mr. X buys a piece of land to grow organic vegitables
Mr. X buys gold on the expectation that Gold price is likely to increase.
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