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€100 00012BV = ?3456yearBook 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 €0. Using straight-line depreciation, find the book value after 2 years.

cost = €100 000life = 6salvage = €0
BV = €
2.Easy
0€30 000123BV = ?45salvage €1 500yearBook value at the end of each year

A machine costs €30 000, has a useful life of 5 years and a salvage value of €1 500. Using straight-line depreciation, find the book value after 3 years.

cost = €30 000life = 5salvage = €1 500
BV = €
3.Medium
0€24 000123456salvage €5 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 €5 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 3.

cost = €24 000life = 6salvage = €5 000year = 3
D = €
4.Medium
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 double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 3.

cost = €20 000life = 5salvage = €1 000year = 3
D = €
5.Hard
0€20 000123456salvage €3 000D = ?yearBook value at the end of each year

A machine costs €20 000, has a useful life of 6 years and a salvage value of €3 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 4.

cost = €20 000life = 6salvage = €3 000year = 4
D = €
6.Hard
0€60 00012345678910D = ?yearBook 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 the sum-of-the-years’-digits method, find the depreciation charge D in year 6.

cost = €60 000life = 10salvage = €0year = 6
D = €

Answer key

  1. 1. BV = 66667 €
  2. 2. BV = 12900 €
  3. 3. D = 3556 €
  4. 4. D = 2880 €
  5. 5. D = 2429 €
  6. 6. D = 5455 €

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