please answer each question. A substantive response should be a minimum of 3-6 well-structured sentences.

Unit 3 Discussion#2: The Closing Process 15 pts Explain the process of closing the books. What are permanent accounts, and are they closed in the closing process? Why or why not? Unit 4 DQ2: Inventory Costing Methods 15 pts During a period of rising prices which inventory costing method will result in the highest gross profits and why? Unit 6 DQ2: Depreciation Methods 15 pts Contrast the three depreciation methods discussed in this unit. Which depreciation method is best to use