Smartness Of a Chartered Accountant Must Read

Prateek (11) (127 Points)

05 June 2011  

A Great Story Shows the Smartness Of a Chartered Accountant:

 

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

 

The bank manager and officers enjoy a gud "laugh" on CA for using $100,000 BMW as collateral security aganst 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 thiis transaction, but we are a lil puzzled.while you were away,we checked out and found that you are a "MULTIMILLIONOR". 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...;)

hehehehhehehehe........... :D