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 it with a notched trowel sized to your tile. For most wall tiles, the trowel will have 1/4- or 3/8-inch notches. Use the flat side of the trowel to spread the mastic onto the wall, starting at the center mark and working up to the horizontal reference line.