When 6,000 debentures, each with a face value of ₹100, are issued, the total face value of ₹6,00,000 is credited to the 8% Debentures Account. The ₹4 per debenture discount on issue is recognized as a distinct loss.
Calculation:
\[
\text{Total face value} = 6,000 \times ₹100 = ₹6,00,000.
\]