Leapfrog began the year with $$22,000$ in its Supplies account. During the year $$64,500$ in supplies were purchased and debited to the Supplies account. At year$-$end,supplies costing $$24,500$ remain on hand. Record the adjusting entry for supplies at its year$-$end of December $31.$Leapfrog began the year with $$22,000$ in its Supplies account. During the year $$64,500$ in supplies were purchased and debited to the Supplies account. At year$-$end,supplies costing $$24,500$ remain on hand. Record the adjusting entry for supplies at its year$-$end of December $31.$