Are my steps to solve this question correct

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Jun 19, 2015
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Hello everyone,

The question is asking to calculate the credit sales by means of trading account. I couldn't start doing the account before I calculate the sales first by converting the margin to mark up , calculate the cost of sales , the gross profit and finally the total sales. Is there another way to do it directly though the trading account. I only could do it this way I described.

Thank you.
 

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