Jenga Services Ltd. is a Canadian public company that owns a variety of online media platforms.
While each platform varies, the mission of Jenga is to publish relevant news content that addresses social and economic issues. The company also provides a variety of strategic consulting to companies looking to understand their online “voice.”
It is now 14 November 20X7, and Jenga is preparing its year-end financial statements. It is looking to expand operations in the coming year and will be meeting with the bank once the 20X7 financial statements have been finalized. The following information has been included in Exhibit 1.

Required:
Prepare a report that identifies potential issues. Include quantification of issues where possible.

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EXHIBIT 1 Assets Current Assets Cash Receivables Inventory Prepaid expenses Non-current Assets Capital assets, net Liabilities Current Liabilities Accounts payable Deferred revenue Non-current liabilities Bond payable Deferred income tax Other FINANCIAL STATEMENTS DRAFT JENGA SERVICES LTD. 31 October 20X7 Statement of Financial Position (in thousands) $ 1,420 2,390 2,840 290 6,940 2,680 $9,620 500 740 1,240 200 162 990 $ 1,352