A firm purchase a second hand truck for Rs$.5,00,000$ on $1$st January, $2015$ and spent Rs$.2,00,000$ on its overhauling. Depreciation is written off $20\%$ p$.$a on the reducing balance. On $30$th June $2019$ the truck was sold for Rs$.250,000$ being unsuitable. Make journal entries in general journal and prepare the truck account from $2015$ to $2018$ assuming that accounts are closed on $31$st December every year.