Divide dough into 2 equal pieces. Roll out ½ the dough and cut out 4 inch circles.
Flatten dough with rolling pin and place a tablespoon of the meat mixture and a tabblespoon of the cheese mixture in the center of each circle of dough.
Fold circle of dough in half.
Using your fingers, pinch edges of dough firmly together.
Roll edges up and over all along the pressed edge, seal by pinching dough together.
Refrigerate empanadas for 1 hour before cooking. This helps prevent empanadas from leaking out filling while being fried.
Heat oil in a large skillet over medium high heat. Use enough oil so that it comes up at least half way up the sides of the empanadas.
Once oil is hot, fry empanadas, a few at a time until golden brown, about a minute per side. Fry them in small batches; don't crowd them in the pan.
Drain cooked empanadas on a wire rack while you fry up the remaining empanadas.
Serve empanadas hot with the creamy guacamole dipping sauce.