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).
4. Dry fit and then cut tiles to size using a diamond wet saw. Dry fit your tiles to be sure that they will look the way you want them to look. Once you're comfortable with how it looks, figure out how the tiles will meet up with the corners and edges of your wall. If you notice a skin forming on top of the thinset mortar or tile mastic, do not install tiles over it. 2  Scrape it off using a paint scraper and apply fresh mortar before continuing. 3  Ceramic tiles can be applied to nearly any surface, including both painted and unfinished drywall.