You own 50 shares of reliance indu. On 30th Jan 2013 Reliance indu.delcared a dividend fo rs 4 per share. The proceeds were credited to your bank account on 25th March 2013. Payment fo dividend was subject to a withholding tax 2%. Please pass the necessary journal entries in your books of accounts for the period Jan and March 2013.
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The requirement for ASTM A217 Gr. WC9 castings for valves components like Body and Bonnet were Normalising at 920+/- 20 Deg. C and Tempring 780+/- 20 Deg. C The specification calls furnace shall be calibtated within +/-14 deg. C The Heat Chart shows minimum temperature for normalising 900 to 920 Deg. C, but maximum temperature 960-990 Deg. C Tempering 780+/-20 Deg. C is within limits and accepted. Casting having integral test bars, heat trated along with castings passed in chemical znalysis and mechanical properties. Since normalising maximum temperature is not meeting specification, where castings can be salvaged or renormalised and retempered to meet specification. Whether it will have affect on remechanical properties testing
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