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€24 00012345BV = ?678910salvage €1 000yearBook value at the end of each year

A production line costs €24 000, has a useful life of 10 years and a salvage value of €1 000. Using straight-line depreciation, find the book value after 5 years.

cost = €24 000life = 10salvage = €1 000
BV = €
3.Medium
0€50 00012345678D = ?yearBook value at the end of each year

A delivery van costs €50 000, 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 2.

cost = €50 000life = 8salvage = €0year = 2
D = €
4.Medium
0€120 00012345678910D = ?yearBook value at the end of each year

A production line costs €120 000, has a useful life of 10 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 6.

cost = €120 000life = 10salvage = €0year = 6
D = €
5.Hard
0€100 000123456salvage €20 000D = ?yearBook value at the end of each year

A computer system costs €100 000, has a useful life of 6 years and a salvage value of €20 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 4.

cost = €100 000life = 6salvage = €20 000year = 4
D = €
6.Hard
0€50 000123456salvage €7 500D = ?yearBook value at the end of each year

A machine costs €50 000, has a useful life of 6 years and a salvage value of €7 500. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €50 000life = 6salvage = €7 500year = 2
D = €

Answer key

  1. 1. D = 1150 €
  2. 2. BV = 12500 €
  3. 3. D = 9375 €
  4. 4. D = 7864 €
  5. 5. D = 11429 €
  6. 6. D = 10119 €

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