v2.4.0.6

Condensed Balance Sheets (Unaudited) (USD $)	Sep. 30, 2011	Mar. 31, 2011
ASSETS
Cash	$ 9,277	$ 43,639
Investments in Local Limited Partnerships, net (Note 2)	0	0
Other assets	35,911	51,500
Total Assets	45,188	95,139
LIABILITIES AND PARTNERS' DEFICIT
Accrued expenses	363	0
Accrued fees and expenses due to General Partner and affiliates (Note 3)	2,541,603	2,573,107
Total Liabilities	2,541,966	2,573,107
Partners' Deficit:
General Partner	(82,128)	(81,940)
Limited Partners (12,000 Partnership Units authorized; 7,000 Partnership Units issued and outstanding)	(2,414,650)	(2,396,028)
Total Partners' Deficit	(2,496,778)	(2,477,968)
Total Liabilities and Partners' Deficit	$ 45,188	$ 95,139

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities.

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WNC HOUSING TAX CREDIT FUND II LP 10-Q/A