rses / BUSD-1004-H01-40163-2021 Fall / Chapter 10: Current Liabilities and Payroll / Chapter An operating line of credit is a credit that is set up by a major supplier to assist the company with their purchases online. N Select one: O True O False Liabilities with a known amount, payee, and due date are often referred to as determinable liabilities. Select one: True O False Money borrowed on a line of credit is normally borrowed on a long-term basis. Select one: O True O False An estimated liability is a liability that is known to exist but whose amount and timing are uncertain Select one: O True O False