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 000123BV = ?45salvage €500yearBook value at the end of each year

A computer system costs €12 000, has a useful life of 5 years and a salvage value of €500. Using straight-line depreciation, find the book value after 3 years.

cost = €12 000life = 5salvage = €500
BV = €
2.Easy
0€24 00012BV = ?34salvage €1 000yearBook value at the end of each year

A production line costs €24 000, has a useful life of 4 years and a salvage value of €1 000. Using straight-line depreciation, find the book value after 2 years.

cost = €24 000life = 4salvage = €1 000
BV = €
3.Medium
0€24 00012345salvage €2 500D = ?yearBook value at the end of each year

A computer system costs €24 000, has a useful life of 5 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 3.

cost = €24 000life = 5salvage = €2 500year = 3
D = €
4.Medium
0€30 000123456salvage €1 500D = ?yearBook value at the end of each year

A production line costs €30 000, has a useful life of 6 years and a salvage value of €1 500. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 4.

cost = €30 000life = 6salvage = €1 500year = 4
D = €
5.Hard
0€45 0001234salvage €4 500D = ?yearBook value at the end of each year

A machine costs €45 000, has a useful life of 4 years and a salvage value of €4 500. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €45 000life = 4salvage = €4 500year = 2
D = €
6.Hard
0€20 00012345salvage €1 000D = ?yearBook value at the end of each year

A production line costs €20 000, has a useful life of 5 years and a salvage value of €1 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 3.

cost = €20 000life = 5salvage = €1 000year = 3
D = €

Answer key

  1. 1. BV = 5100 €
  2. 2. BV = 12500 €
  3. 3. D = 3456 €
  4. 4. D = 2963 €
  5. 5. D = 12150 €
  6. 6. D = 3800 €

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