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).
Spread a thin layer of thin-set mortar onto the backsplash wall. Begin setting the tiles into the mortar in the same pattern you determined on the floor. Set each tile at a slight angle on the wall and twist it straight into place to help the tiles bond better. Let the mortar dry for 24 hours.