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€24 000123456salvage €1 000D = ?yearBook value at the end of each year

A machine costs €24 000, has a useful life of 6 years and a salvage value of €1 000. Using straight-line depreciation, find the annual depreciation.

cost = €24 000life = 6salvage = €1 000
D = €
2.Easy
0€60 000123456BV = ?78910yearBook value at the end of each year

A delivery van costs €60 000, has a useful life of 10 years and a salvage value of €0. Using straight-line depreciation, find the book value after 6 years.

cost = €60 000life = 10salvage = €0
BV = €
3.Medium
0€60 000123456D = ?yearBook value at the end of each year

A computer system costs €60 000, has a useful life of 6 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 = €60 000life = 6salvage = €0year = 2
D = €
4.Medium
0€12 000123456salvage €2 500D = ?yearBook value at the end of each year

A computer system costs €12 000, has a useful life of 6 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 = €12 000life = 6salvage = €2 500year = 3
D = €
5.Hard
0€120 0001234salvage €18 000D = ?yearBook value at the end of each year

A computer system costs €120 000, has a useful life of 4 years and a salvage value of €18 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €120 000life = 4salvage = €18 000year = 2
D = €
6.Hard
0€80 0001234D = ?yearBook value at the end of each year

A machine costs €80 000, has a useful life of 4 years and a salvage value of €0. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €80 000life = 4salvage = €0year = 2
D = €

Answer key

  1. 1. D = 3833 €
  2. 2. BV = 24000 €
  3. 3. D = 13333 €
  4. 4. D = 1778 €
  5. 5. D = 30600 €
  6. 6. D = 24000 €

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