The rise in the general level of prices in Turkey in recent years has many effects on the economic life of companies, from their decision-making preferences to their commercial lives. In order to make more accurate economic decisions with the continuous increase in the general level of prices, it is necessary to reflect the increasing market prices in the financial statements. In this way, it is important that the assets included in the financial statements of the companies are shown with their fair values against the inflation increase. As a result of the reinstatement of the conditions for the application of inflation accounting in Turkey after 2004, the provisional article published in the official gazette announced that the balance sheets should be subject to inflation adjustment as of 2023. In the study, firstly, the determination of the items subject to inflation adjustment of the balance sheet of 2023, adjustment transactions and accounting are made. Then, inflation adjustments for the year 2024 were made and the accounting records and the balance sheet were shown with the adjusted values. It is seen that the inflation adjustment increase amounts are higher in 2023 due to the fact that the first recording dates of non-monetary items in the balance sheets are in previous years. In the 2023 inflation adjustment, even if there is a profit, it is not reflected in the tax calculation, while the profit amount for 2024 is taken into account in the calculation of corporate tax.