When debentures are issued at a premium in exchange for assets, which journal entry is made?

Vendors A/c Dr.
     To Debentures A/c
     To Securities Premium Reserve A/c
(debentures are issued at a premium)

When debentures are issued at a premium in exchange for assets, the journal entry reflects the accounting treatment for the premium received on the issuance of debentures is-
Vendors A/c Dr.
     To Debentures A/c
     To Securities Premium Reserve A/c
(debentures are issued at a premium)

Debit the Vendor's Account (Vendors Dr.) to account for the assets received from the vendor.
Credit the Debentures Account (Debentures A/c) to record the issuance of debentures.
Credit the Securities Premium Reserve Account (Securities Premium Reserve A/c) to account for the premium received on the issuance of debentures.