The lefthand column of the following table describes each of seven financial statements that the FASAB recommends agencies prepare. The righthand column indicates the names of the seven statements. Match the description in the lefthand column with the correct title in the righthand column.

a.Summarizes all entity transactions, such as earned revenues and expenses and net cost of operations; explains how the entity financed its net costs; includes amounts received from appropriations, dedicated taxes, borrowings, and other financing sources.	1. Statement of budgetary resources
b.Shows the resources collected and disbursed; required only of entities, such as the Internal Revenue Service and Customs that collect funds to be turned over to the Treasury or other organizations.	2. Statement of custodial activities
c.Shows the entitys assets, liabilities, and net position, including fund balance with the Treasury.	3. Statement of financing
d.In essence an operating statement; shows operating costs and earned revenues.	4. Statement of changes in net position
e.Reconciles the statement of budgetary resources to the statement of net cost.	5. Statement of net costs
f.Prepared on a budget basis; shows amount available for appropriations, cash outlays, and newly incurred obligations.	6. Balance sheet
g.Required only of selected agencies, it presents actuarial data pertaining to various entitlement programs.	7. Statement of social insurance