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 00012345678salvage €500D = ?yearBook value at the end of each year

A machine costs €12 000, has a useful life of 8 years and a salvage value of €500. Using straight-line depreciation, find the annual depreciation.

cost = €12 000life = 8salvage = €500
D = €
2.Easy
0€45 00012345BV = ?678salvage €7 000yearBook 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 straight-line depreciation, find the book value after 5 years.

cost = €45 000life = 8salvage = €7 000
BV = €
3.Medium
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 the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 7.

cost = €45 000life = 10salvage = €0year = 7
D = €
4.Medium
0€20 00012345678910D = ?yearBook value at the end of each year

A delivery van costs €20 000, has a useful life of 10 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 8.

cost = €20 000life = 10salvage = €0year = 8
D = €
5.Hard
0€100 000123456salvage €10 000D = ?yearBook value at the end of each year

A production line costs €100 000, has a useful life of 6 years and a salvage value of €10 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 4.

cost = €100 000life = 6salvage = €10 000year = 4
D = €
6.Hard
0€24 00012345678910salvage €5 000D = ?yearBook value at the end of each year

A computer system costs €24 000, has a useful life of 10 years and a salvage value of €5 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €24 000life = 10salvage = €5 000year = 2
D = €

Answer key

  1. 1. D = 1438 €
  2. 2. BV = 21250 €
  3. 3. D = 2359 €
  4. 4. D = 838.9 €
  5. 5. D = 12857 €
  6. 6. D = 3109 €

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