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€80 00012BV = ?34salvage €4 000yearBook value at the end of each year

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

cost = €80 000life = 4salvage = €4 000
BV = €
2.Easy
0€50 0001234salvage €7 500D = ?yearBook value at the end of each year

A machine costs €50 000, has a useful life of 4 years and a salvage value of €7 500. Using straight-line depreciation, find the annual depreciation.

cost = €50 000life = 4salvage = €7 500
D = €
3.Medium
0€120 0001234salvage €12 000D = ?yearBook value at the end of each year

A delivery van costs €120 000, has a useful life of 4 years and a salvage value of €12 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 2.

cost = €120 000life = 4salvage = €12 000year = 2
D = €
4.Medium
0€100 00012345salvage €10 000D = ?yearBook value at the end of each year

A delivery van costs €100 000, has a useful life of 5 years and a salvage value of €10 000. Using the double-declining-balance method (without switching to straight-line), find the depreciation charge D in year 2.

cost = €100 000life = 5salvage = €10 000year = 2
D = €
5.Hard
0€20 000123456salvage €1 000D = ?yearBook value at the end of each year

A delivery van costs €20 000, has a useful life of 6 years and a salvage value of €1 000. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 2.

cost = €20 000life = 6salvage = €1 000year = 2
D = €
6.Hard
0€100 000123456D = ?yearBook value at the end of each year

A production line costs €100 000, has a useful life of 6 years and a salvage value of €0. Using the sum-of-the-years’-digits method, find the depreciation charge D in year 4.

cost = €100 000life = 6salvage = €0year = 4
D = €

Answer key

  1. 1. BV = 42000 €
  2. 2. D = 10625 €
  3. 3. D = 30000 €
  4. 4. D = 24000 €
  5. 5. D = 4524 €
  6. 6. D = 14286 €

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