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

A computer system costs €120 000, has a useful life of 10 years and a salvage value of €0. Using straight-line depreciation, find the annual depreciation.

cost = €120 000life = 10salvage = €0
D = €
2.Easy
0€50 0001234BV = ?5678910salvage €10 000yearBook value at the end of each year

A computer system costs €50 000, has a useful life of 10 years and a salvage value of €10 000. Using straight-line depreciation, find the book value after 4 years.

cost = €50 000life = 10salvage = €10 000
BV = €
3.Medium
0€80 000123456salvage €8 000D = ?yearBook value at the end of each year

A computer system costs €80 000, has a useful life of 6 years and a salvage value of €8 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 2.

cost = €80 000life = 6salvage = €8 000year = 2
D = €
4.Medium
0€30 00012345678salvage €4 500D = ?yearBook value at the end of each year

A delivery van costs €30 000, has a useful life of 8 years and a salvage value of €4 500. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 5.

cost = €30 000life = 8salvage = €4 500year = 5
D = €
5.Hard
0€60 00012345678910salvage €9 000D = ?yearBook value at the end of each year

A computer system costs €60 000, has a useful life of 10 years and a salvage value of €9 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 5.

cost = €60 000life = 10salvage = €9 000year = 5
D = €
6.Hard
0€20 0001234salvage €2 000D = ?yearBook 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 €2 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

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

Answer key

  1. 1. D = 12000 €
  2. 2. BV = 34000 €
  3. 3. D = 17778 €
  4. 4. D = 2373 €
  5. 5. D = 5564 €
  6. 6. D = 5400 €

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