Sunday, June 5, 2011

Smartness of CA

A CA walks in to a bank in NewYork city and asks 4 a $5,000 loan.The bank asks 4 a security and the CA hands over the keys & documents of his BMW,parked on the street in front of d bank.After necessary checking the bank grants him loan.




The bank manager and officers enjoy a good "laugh" on CA for using $100,000 BMW as collateral security against a loan of $5,000.The car is parked in banks garage safely.




2 weeks later the CA returns and repays $5000 and interest which cums to $15.41.


The bank manager says,sir we are very happy to this transaction, but we are a lil puzzled.while you were away,we checked out and found that you are a "MULTIMILLIONAIRE". Then why did you bother to borrow $5,000?


The CA replies - "Where else in NewYork can I Park my car for 2 weeks for only $15.41 and expect it to be there when I return!!!




The mind of a Chartered Accountant...;)

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