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€20 000123456salvage €3 000D = ?yearBook value at the end of each year

A machine costs €20 000, has a useful life of 6 years and a salvage value of €3 000. Using straight-line depreciation, find the annual depreciation.

cost = €20 000life = 6salvage = €3 000
D = €
2.Easy
0€120 00012345678910D = ?yearBook value at the end of each year

A machine costs €120 000, has a useful life of 10 years and a salvage value of €0. Using straight-line depreciation, find the annual depreciation.

cost = €120 000life = 10salvage = €0
D = €
3.Medium
0€45 00012345678salvage €7 000D = ?yearBook value at the end of each year

A delivery van costs €45 000, has a useful life of 8 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 3.

cost = €45 000life = 8salvage = €7 000year = 3
D = €
4.Medium
0€50 0001234salvage €2 500D = ?yearBook value at the end of each year

A computer system costs €50 000, has a useful life of 4 years and a salvage value of €2 500. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 2.

cost = €50 000life = 4salvage = €2 500year = 2
D = €
5.Hard
0€60 000123456salvage €3 000D = ?yearBook value at the end of each year

A production line costs €60 000, has a useful life of 6 years and a salvage value of €3 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €60 000life = 6salvage = €3 000year = 2
D = €
6.Hard
0€50 00012345678910salvage €10 000D = ?yearBook value at the end of each year

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

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

Answer key

  1. 1. D = 2833 €
  2. 2. D = 12000 €
  3. 3. D = 6328 €
  4. 4. D = 12500 €
  5. 5. D = 13571 €
  6. 6. D = 2909 €

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