Examples of temporary accounts are supplies and prepaid expenses which are in the ledger for just a short time before they expire.

Name: Examples of temporary accounts are supplies and prepaid expenses which are in the ledger for just a short time before they expire.
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Supplies and prepaid expenses are examples of asset accounts, not temporary accounts. Temporary accounts are those that are closed at the end of the accounting period, such as revenues, expenses, and dividends.

Examples of Temporary Accounts Are Supplies and Prepaid Expenses Which