Financial statements

Recommended time: $10$ minutes

You're coming on board as the new accountant. Until now, the business has been doing their own accounting in Excel and are looking to move to accounting software such as Xero or MYOB. But first, you need to look at the financials.

Jennifer $($CEO$)$ has provided you with the following information. This is what Jennifer calls a "full set of financial statements":

$\backslash$table$[[$Revenue$,300,096],[$Less Expenses,$],[$Cost of goods sold,$90,029],[$Wages$,75,024],[$Rent$,12,000],[$Utilities$,3,000],[$Marketing$,6,000],[$Depreciation$,3,000],[$Bank loan interest,$3,000],[$Dividends$,2,500],[$FINAL PROFIT,$105,543]]$

$\backslash$table$[[$Cash$,20,000,$Loans Payable,$50,000],[$Equipment$,94,000,$Accounts Payable,$10,000],[$Inventory$,5,000,$Owners Equity,$59,0000],[$Total Assets,$119,000,\backslash$table$[[$Total Liabilities $+],[$Equity$]],119,000]]$

How did Jennifer do$?$ Identify $5$ clear and distinct errors $/$ problems with the "financial statements" presented to you.