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.

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€80 00012BV = ?34yearBook value at the end of each year

A computer system costs €80 000, has a useful life of 4 years and a salvage value of €0. Using straight-line depreciation, find the book value after 2 years.

cost = €80 000life = 4salvage = €0
BV = €
2.Easy
0€24 0001234salvage €1 000D = ?yearBook value at the end of each year

A computer system costs €24 000, has a useful life of 4 years and a salvage value of €1 000. Using straight-line depreciation, find the annual depreciation.

cost = €24 000life = 4salvage = €1 000
D = €
3.Medium
0€80 00012345678910salvage €12 000D = ?yearBook value at the end of each year

A computer system costs €80 000, has a useful life of 10 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 = 10salvage = €12 000year = 3
D = €
4.Medium
0€100 00012345678910salvage €15 000D = ?yearBook value at the end of each year

A computer system costs €100 000, has a useful life of 10 years and a salvage value of €15 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 6.

cost = €100 000life = 10salvage = €15 000year = 6
D = €
5.Hard
0€30 000123456salvage €6 000D = ?yearBook value at the end of each year

A computer system costs €30 000, has a useful life of 6 years and a salvage value of €6 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 4.

cost = €30 000life = 6salvage = €6 000year = 4
D = €
6.Hard
0€80 0001234salvage €16 000D = ?yearBook value at the end of each year

A production line costs €80 000, has a useful life of 4 years and a salvage value of €16 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €80 000life = 4salvage = €16 000year = 2
D = €

Answer key

  1. 1. BV = 40000 €
  2. 2. D = 5750 €
  3. 3. D = 10240 €
  4. 4. D = 6554 €
  5. 5. D = 3429 €
  6. 6. D = 19200 €

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