reparation of Closing Entries and an Income Statement Round Grove Alarm Company provides security services to homes in northwestern Indiana. At year end (December 31 ), after adjusting entries have been made, the following list of account balances is prepared: Requiredi 1. Drepare closing entries for Hound Growe Aarin. If an amount bux does not require an entry, leawe it blank. Dec,31 1. Prepare closing entries for Round Grove Alarm. If an amount box does not require an entry, leave it blank. 2. Prepare a single-step income statement for Round Grove Alarm