Work through each question. Show your reasoning where space is provided.
Name: ____________________ · Date: ____________
1. An asset costs 3200, has residual value 1100 and a useful life of 7 years. Calculate annual straight-line depreciation for a full year; ignore tax rules.
2. An asset costs 7000, has residual value 1400 and a useful life of 4 years. Calculate annual straight-line depreciation for a full year; ignore tax rules.
3. An asset costs 3150, has residual value 350 and a useful life of 4 years. Calculate annual straight-line depreciation for a full year; ignore tax rules.
4. An asset costs 4300, has residual value 300 and a useful life of 4 years. Calculate annual straight-line depreciation for a full year; ignore tax rules.
5. An asset costs 11250, has residual value 450 and a useful life of 4 years. Calculate annual straight-line depreciation for a full year; ignore tax rules.
WorksheetWise · Standard · 1097
Straight-line depreciation — Answer key
Work through each question. Show your reasoning where space is provided.
1. An asset costs 3200, has residual value 1100 and a useful life of 7 years. Calculate annual straight-line depreciation for a full year; ignore tax rules.
2. An asset costs 7000, has residual value 1400 and a useful life of 4 years. Calculate annual straight-line depreciation for a full year; ignore tax rules.
3. An asset costs 3150, has residual value 350 and a useful life of 4 years. Calculate annual straight-line depreciation for a full year; ignore tax rules.
4. An asset costs 4300, has residual value 300 and a useful life of 4 years. Calculate annual straight-line depreciation for a full year; ignore tax rules.
5. An asset costs 11250, has residual value 450 and a useful life of 4 years. Calculate annual straight-line depreciation for a full year; ignore tax rules.
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For English-medium practice in India. A4 paper is selected initially. Use short arithmetic sheets for revision and add your own lesson vocabulary to flashcards. These activities do not claim CBSE, ICSE or state-board alignment. A separate Hindi edition is available in the language selector.