v3.19.3

Condensed Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2019	Mar. 31, 2019
ASSETS
Cash and cash equivalents	$ 446,615	$ 501,793
Investments in Local Limited Partnerships, net (Note 2)	0	0
Prepaid asset management fees	13,116	19,922
Other assets	0	9,000
Total Assets	459,731	530,715
Liabilities:
Accrued fees and expenses due to General Partner and Affiliates (Note 3)	44,167	45,199
Total Liabilities	44,167	45,199
Partners' Equity (Deficit):
General Partner	127,112	127,182
Limited Partners (25,000 Partnership Units authorized; 18,728 and 18,738 Partnership Units issued and outstanding, respectively)	288,452	358,334
Total Partners' Equity	415,564	485,516
Total Liabilities and Partners' Equity	$ 459,731	$ 530,715

This item represents the carrying amount on the entity's balance sheet of its limited partnership interests in local limited partnerships.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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WNC HOUSING TAX CREDIT FUND VI LP SERIES 7 10-Q