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€80 00012345678910salvage €8 000D = ?yearBook value at the end of each year

A machine costs €80 000, has a useful life of 10 years and a salvage value of €8 000. Using straight-line depreciation, find the annual depreciation.

cost = €80 000life = 10salvage = €8 000
D = €
2.Easy
0€24 00012BV = ?34salvage €2 500yearBook value at the end of each year

A production line costs €24 000, has a useful life of 4 years and a salvage value of €2 500. Using straight-line depreciation, find the book value after 2 years.

cost = €24 000life = 4salvage = €2 500
BV = €
3.Medium
0€24 000123456salvage €5 000D = ?yearBook value at the end of each year

A machine costs €24 000, has a useful life of 6 years and a salvage value of €5 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 3.

cost = €24 000life = 6salvage = €5 000year = 3
D = €
4.Medium
0€20 0001234salvage €3 000D = ?yearBook value at the end of each year

A production line costs €20 000, has a useful life of 4 years and a salvage value of €3 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 2.

cost = €20 000life = 4salvage = €3 000year = 2
D = €
5.Hard
0€45 00012345678910salvage €2 500D = ?yearBook value at the end of each year

A production line costs €45 000, has a useful life of 10 years and a salvage value of €2 500. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 4.

cost = €45 000life = 10salvage = €2 500year = 4
D = €
6.Hard
0€50 00012345678910salvage €7 500D = ?yearBook value at the end of each year

A delivery van costs €50 000, has a useful life of 10 years and a salvage value of €7 500. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 8.

cost = €50 000life = 10salvage = €7 500year = 8
D = €

Answer key

  1. 1. D = 7200 €
  2. 2. BV = 13250 €
  3. 3. D = 3556 €
  4. 4. D = 5000 €
  5. 5. D = 5409 €
  6. 6. D = 2318 €

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