Depreciation Worksheet

You get one point for the right answer and two points for showing your work (type in the equations with the numbers).
OC = original cost of the asset
SV = salvage value
n of N = useful life in years
R = remaining book value at the beginning of the year
Straight-line depreciation = (OC-SV)/n
sum-of-the-digits = (n/Sum of the year's digits) x (OC-SV)
Double-declining method = (2/N) x R

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