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€45 000123456salvage €7 000D = ?yearBook value at the end of each year

A machine costs €45 000, has a useful life of 6 years and a salvage value of €7 000. Using straight-line depreciation, find the annual depreciation.

cost = €45 000life = 6salvage = €7 000
D = €
2.Easy
0€80 00012BV = ?34yearBook value at the end of each year

A production line costs €80 000, has a useful life of 4 years and a salvage value of €0. Using straight-line depreciation, find the book value after 2 years.

cost = €80 000life = 4salvage = €0
BV = €
3.Medium
0€120 00012345678salvage €12 000D = ?yearBook value at the end of each year

A computer system 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 = €
4.Medium
0€30 000123456D = ?yearBook value at the end of each year

A computer system costs €30 000, has a useful life of 6 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 4.

cost = €30 000life = 6salvage = €0year = 4
D = €
5.Hard
0€12 000123456salvage €500D = ?yearBook value at the end of each year

A production line costs €12 000, has a useful life of 6 years and a salvage value of €500. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €12 000life = 6salvage = €500year = 2
D = €
6.Hard
0€30 00012345678salvage €3 000D = ?yearBook value at the end of each year

A machine costs €30 000, 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 6.

cost = €30 000life = 8salvage = €3 000year = 6
D = €

Answer key

  1. 1. D = 6333 €
  2. 2. BV = 40000 €
  3. 3. D = 9492 €
  4. 4. D = 2963 €
  5. 5. D = 2738 €
  6. 6. D = 2250 €

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