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1. Organization, Purpose and Summary of Significant Accounting Policies: Recent Accounting Pronouncements (Policies)
12 Months Ended
Mar. 30, 2019
Policies  
Recent Accounting Pronouncements

Recent Accounting Pronouncements

 

As of March 31, 2018, the Partnership adopted Accounting Standards Update 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities” (the “Update”).  In addition to other provisions, the Update requires that changes in the fair value of certain investments be recognized through net income (loss) in the statement of operations. Accordingly, the unrealized gain or loss on Registrant’s investment in Pemberwick is included in interest revenue in the accompanying statements of operations. Certain prior year balances have been reclassified to conform to the current year presentation.