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€30 0001234salvage €3 000D = ?yearBook value at the end of each year

A machine costs €30 000, has a useful life of 4 years and a salvage value of €3 000. Using straight-line depreciation, find the annual depreciation.

cost = €30 000life = 4salvage = €3 000
D = €
2.Easy
0€45 00012345678910D = ?yearBook value at the end of each year

A machine costs €45 000, has a useful life of 10 years and a salvage value of €0. Using straight-line depreciation, find the annual depreciation.

cost = €45 000life = 10salvage = €0
D = €
3.Medium
0€24 00012345salvage €1 000D = ?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 €1 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 2.

cost = €24 000life = 5salvage = €1 000year = 2
D = €
4.Medium
0€45 000123456salvage €7 000D = ?yearBook value at the end of each year

A machine costs €45 000, has a useful life of 6 years and a salvage value of €7 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 4.

cost = €45 000life = 6salvage = €7 000year = 4
D = €
5.Hard
0€80 0001234salvage €8 000D = ?yearBook value at the end of each year

A computer system costs €80 000, has a useful life of 4 years and a salvage value of €8 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €80 000life = 4salvage = €8 000year = 2
D = €
6.Hard
0€50 000123456D = ?yearBook value at the end of each year

A computer system costs €50 000, has a useful life of 6 years and a salvage value of €0. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 4.

cost = €50 000life = 6salvage = €0year = 4
D = €

Answer key

  1. 1. D = 6750 €
  2. 2. D = 4500 €
  3. 3. D = 5760 €
  4. 4. D = 4444 €
  5. 5. D = 21600 €
  6. 6. D = 7143 €

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