Amalgamation

General Reserves never have a debit balance.

Reserve means credit balance taken apart from profits.

It may be possible that there are Miscellaneous Expenditure to the Extent Not Written Off or Adjusted.

I guess there was a ques lik this in this yrs IPCC paper where in case of acq by merger when we add the Dr balance amount we get in the amalgamation entry( the entry of assets and liab) and the Cr bal we get a Dr figure...which becomes a -ve amout...Is that your dbt friend???If so it shd be treatd as P/L dr bal i guess...tats wat i was told when i askd the dbt

in the case merger, there is only  one out of goodwill or general reserve. after adjustment  there is dr. balance of reserve ,then it is goodwill.

Yashodeep is right.