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 000123BV = ?45yearBook value at the end of each year

A machine costs €100 000, has a useful life of 5 years and a salvage value of €0. Using straight-line depreciation, find the book value after 3 years.

cost = €100 000life = 5salvage = €0
BV = €
2.Easy
0€60 000123BV = ?45salvage €12 000yearBook value at the end of each year

A computer system costs €60 000, has a useful life of 5 years and a salvage value of €12 000. Using straight-line depreciation, find the book value after 3 years.

cost = €60 000life = 5salvage = €12 000
BV = €
3.Medium
0€45 00012345678salvage €4 500D = ?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 €4 500. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 6.

cost = €45 000life = 8salvage = €4 500year = 6
D = €
4.Medium
0€50 0001234salvage €2 500D = ?yearBook value at the end of each year

A production line costs €50 000, has a useful life of 4 years and a salvage value of €2 500. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 2.

cost = €50 000life = 4salvage = €2 500year = 2
D = €
5.Hard
0€100 00012345678D = ?yearBook value at the end of each year

A machine costs €100 000, 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 = €100 000life = 8salvage = €0year = 2
D = €
6.Hard
0€50 00012345678910salvage €7 500D = ?yearBook value at the end of each year

A production line costs €50 000, has a useful life of 10 years and a salvage value of €7 500. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 8.

cost = €50 000life = 10salvage = €7 500year = 8
D = €

Answer key

  1. 1. BV = 40000 €
  2. 2. BV = 31200 €
  3. 3. D = 2670 €
  4. 4. D = 12500 €
  5. 5. D = 19444 €
  6. 6. D = 2318 €

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