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).
Step 1 Finish tiling your first wall. Then take a hacksaw and cut the corner trim to the length you need. After that, add a narrow strip of tile adhesive to the return wall and press the trim into it. Line the trim up with the tiles of your first wall, using spacers to make sure there's a gap for when you grout.