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€60 00012BV = ?3456salvage €3 000yearBook value at the end of each year

A computer system costs €60 000, has a useful life of 6 years and a salvage value of €3 000. Using straight-line depreciation, find the book value after 2 years.

cost = €60 000life = 6salvage = €3 000
BV = €
2.Easy
0€30 0001234BV = ?5678910yearBook value at the end of each year

A production line costs €30 000, has a useful life of 10 years and a salvage value of €0. Using straight-line depreciation, find the book value after 4 years.

cost = €30 000life = 10salvage = €0
BV = €
3.Medium
0€80 000123456salvage €8 000D = ?yearBook value at the end of each year

A delivery van costs €80 000, has a useful life of 6 years and a salvage value of €8 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 2.

cost = €80 000life = 6salvage = €8 000year = 2
D = €
4.Medium
0€80 000123456salvage €4 000D = ?yearBook value at the end of each year

A machine costs €80 000, has a useful life of 6 years and a salvage value of €4 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 4.

cost = €80 000life = 6salvage = €4 000year = 4
D = €
5.Hard
0€80 00012345678910salvage €4 000D = ?yearBook value at the end of each year

A production line costs €80 000, has a useful life of 10 years and a salvage value of €4 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 8.

cost = €80 000life = 10salvage = €4 000year = 8
D = €
6.Hard
0€45 000123456salvage €2 500D = ?yearBook value at the end of each year

A delivery van costs €45 000, has a useful life of 6 years and a salvage value of €2 500. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 3.

cost = €45 000life = 6salvage = €2 500year = 3
D = €

Answer key

  1. 1. BV = 41000 €
  2. 2. BV = 18000 €
  3. 3. D = 17778 €
  4. 4. D = 7901 €
  5. 5. D = 4145 €
  6. 6. D = 8095 €

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