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€20 00012BV = ?345678salvage €4 000yearBook value at the end of each year

A machine costs €20 000, has a useful life of 8 years and a salvage value of €4 000. Using straight-line depreciation, find the book value after 2 years.

cost = €20 000life = 8salvage = €4 000
BV = €
2.Easy
0€50 00012BV = ?34salvage €10 000yearBook 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 €10 000. Using straight-line depreciation, find the book value after 2 years.

cost = €50 000life = 4salvage = €10 000
BV = €
3.Medium
0€120 00012345salvage €12 000D = ?yearBook value at the end of each year

A machine costs €120 000, has a useful life of 5 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 2.

cost = €120 000life = 5salvage = €12 000year = 2
D = €
4.Medium
0€100 00012345678910salvage €20 000D = ?yearBook value at the end of each year

A production line costs €100 000, has a useful life of 10 years and a salvage value of €20 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 4.

cost = €100 000life = 10salvage = €20 000year = 4
D = €
5.Hard
0€100 0001234salvage €5 000D = ?yearBook value at the end of each year

A production line costs €100 000, has a useful life of 4 years and a salvage value of €5 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €100 000life = 4salvage = €5 000year = 2
D = €
6.Hard
0€120 00012345678salvage €24 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 €24 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 5.

cost = €120 000life = 8salvage = €24 000year = 5
D = €

Answer key

  1. 1. BV = 16000 €
  2. 2. BV = 30000 €
  3. 3. D = 28800 €
  4. 4. D = 10240 €
  5. 5. D = 28500 €
  6. 6. D = 10667 €

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