Chapter 4, Problem 4.14E

To determine

Concept Introduction:

Retained earnings statement:

The Retained earnings statement is prepared to calculate the ending balance of retained earnings that is added to the stockholder's equity statement. Retained earnings statement adjusts net income and income distributed as the dividend to calculate the ending balance.

To Calculate:

The Revenue for the month of April and determine the reason for difference in Cash Reeipts from customers and Revenue