Instead, the $700 loss will appear in a section on the income statement labeled nonoperating gains or losses or other income or losses. The loss is reported in the time period when the disposal occurs. The income statement or profit and loss statement shows revenues, expenses, gains, and losses.
To set the tile, apply an even coat of mastic on only a small portion of the wall at a time. You have about five to 10 minutes to set the tile, so don't apply too much adhesive over a large area. Again, apply the tile with a slight twisting motion. The accent tiles go on the same way (Image 3).
Apply cement or adhesive to your tiles. Use a foam brush or putty knife to spread adhesive on the back of your tiles. Spread adhesive to the four corners of the ceiling tile, about 1 inch (2.54 cm) from the edges and to the center of the tile. Check package instructions to determine the correct adhesive or cement for your tile material.