This is something that my friend wrote me in a note:

Will Turner: "Where is my PW?"
Jack Sparrow: "I've got your PW!"
Will: "Why did you steal my PW?"
Jack: "Because you took my LW!"
Will: "No I didn't, I borrowed her!"
Jack: "Well then I borrowed your PW!"
(They switch their W's and proceed with their duties)

I thought it was hilariously funny and if you're confused then tell me...I'll explain!