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Amortization of discount on bonds payable is a non-cash item that affects net income. According to GAAP, under which acitivtities (operating, financing or investing) should

Amortization of discount on bonds payable is a non-cash item that affects net income. According to GAAP, under which acitivtities (operating, financing or investing) should it be reported? Support your answer with related Codification reference(s).

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