Explanation:

- Advancing loans: This is the process where banks lend money to borrowers. It forms a basis for money creation because when a bank advances loans, the borrowed funds usually return to the banking system as new deposits, which can be used to issue further loans.

- Money creation: Commercial banks do create money through an iterative process of lending and relending. They can lend a part of their deposits while retaining a fraction as reserve, leading to a multiplied effect on the overall money supply.

- Accepting Deposits: This involves banks receiving money from customers for safekeeping, which provides the basis for the bank's ability to lend and hence, create credit.

- None of these: This option suggests that none of the previous statements apply, which is not correct in the context of the question.