What journal entry is made when debentures are issued at a discount in exchange for assets?

Vendors Dr.
Discount on Issue of Debenture A/c Dr.
      To Debentures A/c

When debentures are issued at a discount, it means that the company is receiving less than the face value of the debentures. The journal entry reflects the accounting treatment for the discount on the issuance of debentures is
Vendors Dr.
Discount on Issue of Debenture A/c Dr.
      To Debentures A/c
Debit the Vendor's Account (Vendors Dr.) to account for the assets received from the vendor. Debit the Discount on Issue of Debenture Account (Discount on Issue of Debenture A/c) to record the amount of the discount given to the vendor. Credit the Debentures Account (Debentures A/c) to record the issuance of debentures at their face value minus the discount. This entry ensures that both the assets acquired and the discount offered on the issuance of debentures are properly recorded in the company's books. The discount amount represents the reduction in the face value of the debentures due to the discount.