Accouning for leases approprate diccont rate a 7x. Part one Finc assume that the lease is treated as a finarce lease 1. Using a financial stakement eflects template, report the entry that Gap would inake to recond the commencement of the iesse agreconers: Accounting for Leases appreprate decount rate is 7 the Part One Firt, asurne that the lease is treated as a fnance iease. Nete: indicare a decrease in an account category by inclusing a negative sign wor the ambunt. Piene andive af partsod the question. Accounting for Leases approprate drecount rate a 7k. Part Twe Accounting for Leaset approphale dicourt take is 7k : Part Twe Note indicate a detre he in an account category by inchiding a nefarve sgn with the amourt. Fleale answer all parts of the quetibon