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€60 0001234567BV = ?8910yearBook 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 straight-line depreciation, find the book value after 7 years.

cost = €60 000life = 10salvage = €0
BV = €
2.Easy
0€80 00012BV = ?345678salvage €4 000yearBook value at the end of each year

A machine costs €80 000, has a useful life of 8 years and a salvage value of €4 000. Using straight-line depreciation, find the book value after 2 years.

cost = €80 000life = 8salvage = €4 000
BV = €
3.Medium
0€60 0001234D = ?yearBook value at the end of each year

A computer system costs €60 000, has a useful life of 4 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 2.

cost = €60 000life = 4salvage = €0year = 2
D = €
4.Medium
0€45 00012345678D = ?yearBook value at the end of each year

A production line costs €45 000, has a useful life of 8 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 = €45 000life = 8salvage = €0year = 5
D = €
5.Hard
0€12 00012345678salvage €1 000D = ?yearBook value at the end of each year

A machine costs €12 000, has a useful life of 8 years and a salvage value of €1 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 4.

cost = €12 000life = 8salvage = €1 000year = 4
D = €
6.Hard
0€100 00012345678910salvage €15 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 €15 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 6.

cost = €100 000life = 10salvage = €15 000year = 6
D = €

Answer key

  1. 1. BV = 18000 €
  2. 2. BV = 61000 €
  3. 3. D = 15000 €
  4. 4. D = 3560 €
  5. 5. D = 1528 €
  6. 6. D = 7727 €

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