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).
14. Tilt the first 2-by-4 tile and insert it in one of the center openings in the ceiling. Work the tile so it lies flat in the opening. Repeat for three other tiles in the center of the ceiling. If necessary, shake the grid a little bit to help square it.