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Old Mod
totally agree John, that's the way I've always done it. Foolproof method for me.If you are attempting to joint bond all 4 walls and floor, and assuming the wall and floor joints are going to be the same width, then it may be a case of doing 2 walls then the floor then the other 2 walls.
Nowt worse than seeing the joints not match up by a few millimetres!