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).
Mark any tiles that need to be cut to fit the edges of each wall. Use a grease pencil on the surface of the ceramic to make a mark that can be seen easily. Cut the baseboard tiles on a tile wet saw and return them to the floor layout to double check their fit.