WNC HOUSING TAX CREDIT FUND II LP

CIK:0000860331|SEC Filings

Investments In Local Limited Partnerships - Combined Condensed Statements of Operations (Details) (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Revenues		$ 6,134		$ 6,634
Local Limited Partnership
Revenues			234,000	1,101,000
Expenses:
Interest expense			21,000	117,000
Depreciation and amortization			55,000	218,000
Operating expenses			162,000	875,000
Total expenses			238,000	1,210,000
Net loss			(4,000)	(109,000)
Net loss allocable to the Partnership			(3,000)	(108,000)
Net loss recorded by the Partnership

Condensed Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
Condensed Statements of Cash Flows (Unaudited) (USD $)	Sep. 30, 2012	Sep. 30, 2011
Cash flows from operating activities:
Net income (loss)	$ 45,183	$ (18,810)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Increase in other assets	(7,099)	(16,546)
Increase in accrued expenses		363
Decrease in accrued fees and expenses due to General Partner and affiliates	(33,128)	(31,504)
Write off of other assets	8,950
Gain on sale of Local Limited Partnerships	(99,132)	(55,928)
Net cash used in operating activities	(85,226)	(122,425)
Cash flows from investing activities:
Proceeds from sale of Local Limited Partnerships	36,500	88,063
Net cash provided by investing activities	36,500	88,063
Net decrease in cash	(48,726)	(34,362)
Cash, beginning of period	64,478	43,639
Cash, end of period	15,752	9,277
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Taxes paid
NON-CASH INVESTING AND FINANCING ACTIVITIES
Gain on sale of Local Limited Partnerships was increased and accrued fees and expenses due to the General Partner and affiliates was decreased for sales proceeds paid directly to Associates.	$ 76,019

Condensed Balance Sheets (Unaudited) (USD $)	Sep. 30, 2012	Mar. 31, 2012
ASSETS
Cash	$ 15,752	$ 64,478
Investments in Local Limited Partnerships, net (Notes 2 and 3)
Other assets	4,167	19,405
Total Assets	19,919	83,883
Liabilities:
Accrued fees and expenses due to General Partner and affiliates (Note 3)	2,419,691	2,528,838
Total Liabilities	2,419,691	2,528,838
Partners’ Deficit:
General Partner	(81,158)	(81,610)
Limited Partners (12,000 Partnership Units authorized;7,000 Partnership Units issued and outstanding)	(2,318,614)	(2,363,345)
Total Partners’ Deficit	(2,399,772)	(2,444,955)
Total Liabilities and Partners’ Deficit	$ 19,919	$ 83,883