Explain the following partnerships and it's associated characteristics: General Partnerships-3 Characteristics Limited Partnerships-2 Characteristics Limited Liability Partnership - 3 Characteristics Provide an example of each partnership that is currently valid till this date. Question 8 List the differences between periodic and perpetual inventory system? Provide a scenario that applies to each inventory system. Name 1 company that currently utilizes Perpetual Inventory system and 1 company that utilizes Periodic inventory system. Question 9 List and explain the 3 ending inventory methods that we have discussed in class. Explanation must include 1 ad 1 advantage and 1 disadvantage for each method. Provide which industry will benefit the most from each ending inventory method. Question 10 List and explain the 3 depreciation methods that we have discussed in class. Explanation must include 1 advantage and 1 disadvantage for each method. Provide which industry will benefit the most from each depreciation method.