Accounting for Leases approgriate dacount rate is 7 h. Part one Fint assurre that itie lease is veated as a financelease. 1. Usinc a trancial statement effects template, report the enary that Gap would make to tecond the commencement of the iease agresmert. Note: indicate a decrease in an account category by including a negative sigh wint the ambunt. Accounting for Leases appropriate discount rate is 7%. Part two Note. For each account category. indicate the appropriate account nume. Enter "NiA' for any accoont categery that is not used for a bven transaction Note indicate a decrease in an account casegory by induding a negatve sign with the ampunt