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.

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Name: ____________________   Date: ____________

1.Easy
0€12 0001234BV = ?56salvage €500yearBook value at the end of each year

A computer system costs €12 000, has a useful life of 6 years and a salvage value of €500. Using straight-line depreciation, find the book value after 4 years.

cost = €12 000life = 6salvage = €500
BV = €
2.Easy
0€24 000123BV = ?456salvage €3 500yearBook value at the end of each year

A machine costs €24 000, has a useful life of 6 years and a salvage value of €3 500. Using straight-line depreciation, find the book value after 3 years.

cost = €24 000life = 6salvage = €3 500
BV = €
3.Medium
0€120 00012345678salvage €6 000D = ?yearBook value at the end of each year

A production line costs €120 000, has a useful life of 8 years and a salvage value of €6 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 6.

cost = €120 000life = 8salvage = €6 000year = 6
D = €
4.Medium
0€120 00012345678salvage €12 000D = ?yearBook value at the end of each year

A production line costs €120 000, has a useful life of 8 years and a salvage value of €12 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 5.

cost = €120 000life = 8salvage = €12 000year = 5
D = €
5.Hard
0€30 00012345678salvage €4 500D = ?yearBook value at the end of each year

A delivery van costs €30 000, has a useful life of 8 years and a salvage value of €4 500. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €30 000life = 8salvage = €4 500year = 2
D = €
6.Hard
0€100 00012345678910salvage €10 000D = ?yearBook value at the end of each year

A delivery van costs €100 000, has a useful life of 10 years and a salvage value of €10 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 8.

cost = €100 000life = 10salvage = €10 000year = 8
D = €

Answer key

  1. 1. BV = 4333 €
  2. 2. BV = 13750 €
  3. 3. D = 7119 €
  4. 4. D = 9492 €
  5. 5. D = 4958 €
  6. 6. D = 4909 €

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