interpreting Warranty Liability Disclosur The following disclosures were provided by Siemens AG in its 2018 annual report: Product-related expenses Provisions for estimated costs related to product warranties are recorded in line item Cast of sales at the time the related sale is recognized, and are established on an individual basis, except for the standard product business. The estimates reflect historic experience of warranty costs, as well as information regarding product failure experienced during construction installation or testing of products. In the case of new products, expert opinions and industry data are also taken into consideration in estimating product warranty provisions. Note 23 Provisions Provisions for Warranties Year ended Sept. 30 in millions 2018 2017 Berbulance 4.219 Additions 1.786 1.820 1993) 1.100) Reversas 1928) (972) Translation differences and other 78 res Fading balance 64,575 64,631 *Beginning balance adjusted in the 2018 annual report. The Provision that Siemens reports is an estimated warranty liability. What would constitute additions to the provision? Prepare a journal entry to record this addition, General Journal Description Debit Credit Warranty expense 1786vl Warranty provision 1,786 What constitutes usage of the provision? Besides the provision, what other accounts are likely to be affected by usage? Prepare a journal entry to record usage of 993 million in 2018. General Journal Description Debit Credit Warranty pense 993 Siemens reported sales revenue of 23,044 million in 2018 and 87,863 in 2017. Calculate the ratio of warranty expense ta sales for each year. Round to one decimal place le., 5.694) 2018 46.5 2017 45.5 X