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).
To install a mosaic tile backsplash in a kitchen: 1  Lay out the location of the backsplash on the wall. 2  Cover the countertop with plastic sheeting held in place with masking tape. 3  Apply thin-set adhesive to the wall using a notched trowel. 4  Position the sheet on the wall, and press it into the wet thin-set adhesive. Allow the thin-set adhesive to dry overnight. 2  Remove any protruding thin-set from the tile joints with a flat-head screwdriver. 3  Dampen the surface of the tile with water on a sponge before applying grout. 4  Use a rubber float to apply the grout to the tile joints, pressing the grout into the tile at a 45Â° angle.