eBook Calculator Contingent Liabilities The following note accompanied the financial statements for Goodyear Tire and Rubber Company (GT): We are a defendant in numerous suis alleging vanous asbestowed personal Injuries purported to rest from our curtain asbestos products manufactured by us or present in certain of our facilities. Typical these were brougega multiple defendanes in state and federal courts. To date, we are disposed of approximately 109,00 came by doiding and obtaining the russalther of or by entering into a settlement. The sum of our accrued asbestos.cated abiverenduine legal coute totale approximatay $458 milion a. Illustrate the effects on the accounts and financial statements et recording the contingent by 3650,000,000, ne account de activity affected, select "No effect" from the dropdown list and leave the corresponding number antiv box blank, inter account decreases and towel negative amounts. Balance sheet Statement of Cash Assets abilities Stockholders' Equity Flows Statement Inco Statement of Cash Flows Income Statement 9 PM 11/9/2000