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€120 000123456BV = ?78910salvage €12 000yearBook value at the end of each year

A delivery van costs €120 000, has a useful life of 10 years and a salvage value of €12 000. Using straight-line depreciation, find the book value after 6 years.

cost = €120 000life = 10salvage = €12 000
BV = €
2.Easy
0€120 0001234salvage €6 000D = ?yearBook value at the end of each year

A machine costs €120 000, has a useful life of 4 years and a salvage value of €6 000. Using straight-line depreciation, find the annual depreciation.

cost = €120 000life = 4salvage = €6 000
D = €
3.Medium
0€12 000123456salvage €1 000D = ?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 €1 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 3.

cost = €12 000life = 6salvage = €1 000year = 3
D = €
4.Medium
0€100 00012345678910D = ?yearBook value at the end of each year

A delivery van costs €100 000, 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 5.

cost = €100 000life = 10salvage = €0year = 5
D = €
5.Hard
0€100 00012345678910salvage €20 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 €20 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 7.

cost = €100 000life = 10salvage = €20 000year = 7
D = €
6.Hard
0€20 000123456salvage €2 000D = ?yearBook value at the end of each year

A production line costs €20 000, has a useful life of 6 years and a salvage value of €2 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 4.

cost = €20 000life = 6salvage = €2 000year = 4
D = €

Answer key

  1. 1. BV = 55200 €
  2. 2. D = 28500 €
  3. 3. D = 1778 €
  4. 4. D = 8192 €
  5. 5. D = 5818 €
  6. 6. D = 2571 €

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