Questions About Balance Sheet and Income Statement

[Mark Phillips]

I am confused. I ran an income/expenses report for 1/1/13 - 1/31/13 and
included all the income and expense accounts. I then ran a balance sheet
for 1/31/13 and Assets = L + OE, as I would expect, but the Retained Losses
= $4,270.76 and the Net Income on the income statement is $1,074.74

1. Shouldn't these two amounts be the same?

2. How do I find out the reason for the difference?

My Imbalance, Orphan, and Unspecified accounts are all zero. I have
balanced the checking account against my bank statement.

Thanks,

Mark