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.
WorksheetWise authors these practice questions and translations. Numerical answers are checked by automated tests. Reading and history include marking guidance. These materials have not been independently certified by an exam board.
For South African classrooms, tutors and families. A4 paper is selected initially. Choose practice by the skill being taught and use the separate answers for feedback. These sheets are not CAPS-certified. An Afrikaans edition is available through the language selector.