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.

New worksheetPractise online with hints

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€45 00012345678BV = ?910yearBook value at the end of each year

A production line costs €45 000, has a useful life of 10 years and a salvage value of €0. Using straight-line depreciation, find the book value after 8 years.

cost = €45 000life = 10salvage = €0
BV = €
2.Easy
0€20 00012BV = ?34yearBook value at the end of each year

A delivery van costs €20 000, 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 = €20 000life = 4salvage = €0
BV = €
3.Medium
0€24 00012345salvage €5 000D = ?yearBook value at the end of each year

A machine costs €24 000, has a useful life of 5 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 2.

cost = €24 000life = 5salvage = €5 000year = 2
D = €
4.Medium
0€100 00012345678salvage €5 000D = ?yearBook value at the end of each year

A delivery van costs €100 000, has a useful life of 8 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 = €100 000life = 8salvage = €5 000year = 3
D = €
5.Hard
0€30 00012345678D = ?yearBook value at the end of each year

A computer system costs €30 000, has a useful life of 8 years and a salvage value of €0. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €30 000life = 8salvage = €0year = 2
D = €
6.Hard
0€50 00012345678salvage €5 000D = ?yearBook value at the end of each year

A machine costs €50 000, has a useful life of 8 years and a salvage value of €5 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 3.

cost = €50 000life = 8salvage = €5 000year = 3
D = €

Answer key

  1. 1. BV = 9000 €
  2. 2. BV = 10000 €
  3. 3. D = 5760 €
  4. 4. D = 14063 €
  5. 5. D = 5833 €
  6. 6. D = 7500 €

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