The inflation valuation difference of the 180 Account in 2024 will be recorded in the 180 account and the valuation difference will create an income effect through the 698 Account. In the following months, it will be recorded as an expense in the period it belongs to and will be taken into account as an expense (discount) in the determination of the tax base. _______________________ 06/30/2024  _______________________ 180 EXPENSES FOR FUTURE MONTHS                     1,000 TL 180.01 – 2024 July insurance expense 180.01.698 – 2024 July insurance expense Inflation Adjustment Difference 698 INFLATION ADJUSTMENT ACCOUNT                           1,000 TL _______________________ 06/30/2024  _______________________ 698 INFLATION ADJUSTMENT ACCOUNT                     1,000 TL 648 INFLATION ADJUSTMENT PROFITS1,000 TL ____________________________ / ____________________________ _______________________ July 31, 2024 _______________________ 770 GENERAL ADMINISTRATIVE EXPENSES                             1,000 TL 180 EXPENSES FOR FUTURE MONTHS                                 1,000 TL 180.01 – 2024-July insurance expense 180.01.698 – 2024-July insurance expense E.D. Difference _______________________ / _______________________ Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.