Depreciation worksheet with answers

Free printable Depreciation worksheet: 6 problems from easy to exam level, with an answer key. Print it or save it as a PDF.

New worksheetPractise online with hints

For teachers: free to print, copy and use in class. Every new worksheet has new values and its own answer key. A link to ExamProblems on your course page is appreciated.

Name: ____________________   Date: ____________

1.Easy
0€60 0001234D = ?yearBook value at the end of each year

A delivery van costs €60 000, has a useful life of 4 years and a salvage value of €0. Using straight-line depreciation, find the annual depreciation.

cost = €60 000life = 4salvage = €0
D = €
2.Easy
0€50 0001234salvage €2 500D = ?yearBook value at the end of each year

A production line costs €50 000, has a useful life of 4 years and a salvage value of €2 500. Using straight-line depreciation, find the annual depreciation.

cost = €50 000life = 4salvage = €2 500
D = €
3.Medium
0€100 00012345salvage €10 000D = ?yearBook value at the end of each year

A production line costs €100 000, has a useful life of 5 years and a salvage value of €10 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 2.

cost = €100 000life = 5salvage = €10 000year = 2
D = €
4.Medium
0€30 00012345678salvage €4 500D = ?yearBook value at the end of each year

A computer system costs €30 000, has a useful life of 8 years and a salvage value of €4 500. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 2.

cost = €30 000life = 8salvage = €4 500year = 2
D = €
5.Hard
0€100 00012345D = ?yearBook value at the end of each year

A computer system costs €100 000, has a useful life of 5 years and a salvage value of €0. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 3.

cost = €100 000life = 5salvage = €0year = 3
D = €
6.Hard
0€45 0001234salvage €7 000D = ?yearBook value at the end of each year

A machine costs €45 000, has a useful life of 4 years and a salvage value of €7 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €45 000life = 4salvage = €7 000year = 2
D = €

Answer key

  1. 1. D = 15000 €
  2. 2. D = 11875 €
  3. 3. D = 24000 €
  4. 4. D = 5625 €
  5. 5. D = 20000 €
  6. 6. D = 11400 €

Full step-by-step solutions: practise this topic on examproblems.com.