1 IN 3 4 6 4 5 4 3 2 1 2 points The difference between the balance in Accounts Receivable and the balance in Allowance for Doubtful Accounts is called the net realizable value of the receivables. True False 2 points A voucher is a form on which is recorded pertinent data about a liability and the details of its payment. True False 2 points If the maker of a note fails to pay the debt on the due date, the note is said to be dishonored. True False 2 points In preparing a bank reconciliation, the amount of outstanding checks is added to the balance per bank statement. True False 2 points When using the direct write-off method of accounting for uncollectible receivables, Allowance for Doubtful Accounts is debited when a specific account is determined to be uncollectible. True Fall