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Transactions Guidelines: Brief description of business: Name and products/services being sold Dates and year clearly highlighted and listed in chronological order A minimum of 5 (each) credit sales, credit purchases, sales returns, purchases returns A minimum of 3 (each) trade discounts for sales and purchases A minimum of 5 (total) purchase/sale of fixed assets, bad debts, opening entries A minimum of 3 cash/bank transactions Totals and names of accounts clearly given in each transaction Each transactions must allow for double entry Transactions and accounts chosen must be related to the simulated business idea