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.

New worksheetPractise online with hints

For teachers: free to print, copy and use in class. Every new worksheet has new values and its own answer key. A link to ExamProblems on your course page is appreciated.

Name: ____________________   Date: ____________

1.Easy
0€20 0001234salvage €4 000D = ?yearBook value at the end of each year

A machine costs €20 000, has a useful life of 4 years and a salvage value of €4 000. Using straight-line depreciation, find the annual depreciation.

cost = €20 000life = 4salvage = €4 000
D = €
2.Easy
0€45 00012345678910salvage €4 500D = ?yearBook value at the end of each year

A production line costs €45 000, has a useful life of 10 years and a salvage value of €4 500. Using straight-line depreciation, find the annual depreciation.

cost = €45 000life = 10salvage = €4 500
D = €
3.Medium
0€45 00012345678salvage €7 000D = ?yearBook value at the end of each year

A machine 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€80 00012345salvage €12 000D = ?yearBook value at the end of each year

A machine costs €80 000, has a useful life of 5 years and a salvage value of €12 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 3.

cost = €80 000life = 5salvage = €12 000year = 3
D = €
5.Hard
0€12 00012345salvage €500D = ?yearBook value at the end of each year

A machine costs €12 000, has a useful life of 5 years and a salvage value of €500. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €12 000life = 5salvage = €500year = 2
D = €
6.Hard
0€60 00012345678salvage €6 000D = ?yearBook value at the end of each year

A machine costs €60 000, has a useful life of 8 years and a salvage value of €6 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 3.

cost = €60 000life = 8salvage = €6 000year = 3
D = €

Answer key

  1. 1. D = 4000 €
  2. 2. D = 4050 €
  3. 3. D = 6328 €
  4. 4. D = 11520 €
  5. 5. D = 3067 €
  6. 6. D = 9000 €

Full step-by-step solutions: practise this topic on examproblems.com.