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 00012345678910D = ?yearBook value at the end of each year

A computer system costs €12 000, has a useful life of 10 years and a salvage value of €0. Using straight-line depreciation, find the annual depreciation.

cost = €12 000life = 10salvage = €0
D = €
2.Easy
0€45 000123BV = ?45salvage €9 000yearBook value at the end of each year

A computer system costs €45 000, has a useful life of 5 years and a salvage value of €9 000. Using straight-line depreciation, find the book value after 3 years.

cost = €45 000life = 5salvage = €9 000
BV = €
3.Medium
0€45 000123456salvage €7 000D = ?yearBook value at the end of each year

A delivery van costs €45 000, has a useful life of 6 years and a salvage value of €7 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 4.

cost = €45 000life = 6salvage = €7 000year = 4
D = €
4.Medium
0€100 0001234salvage €15 000D = ?yearBook value at the end of each year

A delivery van costs €100 000, has a useful life of 4 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 2.

cost = €100 000life = 4salvage = €15 000year = 2
D = €
5.Hard
0€60 000123456salvage €6 000D = ?yearBook value at the end of each year

A delivery van costs €60 000, 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 = €60 000life = 6salvage = €6 000year = 4
D = €
6.Hard
0€100 00012345678910salvage €5 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 €5 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 8.

cost = €100 000life = 10salvage = €5 000year = 8
D = €

Answer key

  1. 1. D = 1200 €
  2. 2. BV = 23400 €
  3. 3. D = 4444 €
  4. 4. D = 25000 €
  5. 5. D = 7714 €
  6. 6. D = 5182 €

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