eport. d ces DOW CHEMICAL Notes to the Financial Statements (excerpt) Dow Chemical had accrued obligations of $376 million for environmental remediation and restoration costs, including $35 million for the remediation of Superfund sites. This is management's best estimate of the costs for remediation and restoration with respect to environmental matters for which the Company has accrued liabilities, although the ultimate cost with respect to these particular matters could range up to twice that amount. Inherent uncertainties exist in these estimates primarily due to unknown conditions, changing governmental regulations and legal standards regarding liability, and evolving technologies for handling site remediation and restoration. 3. How did Dow record the $376 million? (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions. (i.e. 5 should be entered as 5,000,000).) View transaction list Journal entry worksheet < Record the contingent liability if needed.. Note: Enter debits before credits. Transaction General Journal Debit Credit S