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€12 00012345678910salvage €500D = ?yearBook value at the end of each year

A machine costs €12 000, has a useful life of 10 years and a salvage value of €500. Using straight-line depreciation, find the annual depreciation.

cost = €12 000life = 10salvage = €500
D = €
2.Easy
0€80 00012BV = ?34salvage €12 000yearBook 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 €12 000. Using straight-line depreciation, find the book value after 2 years.

cost = €80 000life = 4salvage = €12 000
BV = €
3.Medium
0€45 00012345678D = ?yearBook value at the end of each year

A computer system costs €45 000, has a useful life of 8 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 = €45 000life = 8salvage = €0year = 4
D = €
4.Medium
0€100 0001234salvage €20 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 €20 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 2.

cost = €100 000life = 4salvage = €20 000year = 2
D = €
5.Hard
0€24 00012345salvage €2 500D = ?yearBook value at the end of each year

A machine costs €24 000, has a useful life of 5 years and a salvage value of €2 500. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €24 000life = 5salvage = €2 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 5.

cost = €30 000life = 8salvage = €3 000year = 5
D = €

Answer key

  1. 1. D = 1150 €
  2. 2. BV = 46000 €
  3. 3. D = 4746 €
  4. 4. D = 25000 €
  5. 5. D = 5733 €
  6. 6. D = 3000 €

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