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€50 000123BV = ?45salvage €2 500yearBook value at the end of each year

A production line costs €50 000, has a useful life of 5 years and a salvage value of €2 500. Using straight-line depreciation, find the book value after 3 years.

cost = €50 000life = 5salvage = €2 500
BV = €
2.Easy
0€45 00012345salvage €2 500D = ?yearBook value at the end of each year

A production line costs €45 000, has a useful life of 5 years and a salvage value of €2 500. Using straight-line depreciation, find the annual depreciation.

cost = €45 000life = 5salvage = €2 500
D = €
3.Medium
0€120 00012345salvage €6 000D = ?yearBook value at the end of each year

A computer system costs €120 000, has a useful life of 5 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 3.

cost = €120 000life = 5salvage = €6 000year = 3
D = €
4.Medium
0€45 00012345D = ?yearBook value at the end of each year

A machine costs €45 000, has a useful life of 5 years and a salvage value of €0. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 3.

cost = €45 000life = 5salvage = €0year = 3
D = €
5.Hard
0€12 00012345D = ?yearBook value at the end of each year

A production line costs €12 000, 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 = €12 000life = 5salvage = €0year = 3
D = €
6.Hard
0€20 00012345678salvage €3 000D = ?yearBook value at the end of each year

A computer system costs €20 000, has a useful life of 8 years and a salvage value of €3 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 3.

cost = €20 000life = 8salvage = €3 000year = 3
D = €

Answer key

  1. 1. BV = 21500 €
  2. 2. D = 8500 €
  3. 3. D = 17280 €
  4. 4. D = 6480 €
  5. 5. D = 2400 €
  6. 6. D = 2833 €

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