Posting a part of a transaction to the wrong account will cause the trial balance total to be unequal? True of false?

Where do I post a freight charge for returned product. Is it considered freight in or out?

In a SpreadSheet i.e. Particulars, Opening Balances, Cheque Payments, Petty Cash, Receipts, Journals and Trial Balance all are balanced off except the Trial Balance. Q.1. Do I take fiures from all the accounts mentioned or only from the Journal entries? Q.2. The Opening Balances were given before...

Im new to this so I didn't ask my question very clearly. The company pays for medical insurance for owners. I have had it on the expense side of P & L but was told by CPA that I need to classify it as a non-deductible expense. I don't know how to do that. Im using Quickbooks. Do I keep it on...

I want to sell a business that I bought for $100,000 and sell it for $100,000 what if any taxes do I have to pay