contra asset account. Definition. A balance sheet account in the financial statements that offsets a related asset account. Contra asset accounts are subtracted from a related asset account since asset accounts have debit balances while contra assets have credit balances.
East Flatbush is a residential neighborhood in the New York City borough of Brooklyn.The area is part of Brooklyn Community Board 17 East Flatbush is patrolled by the NYPD's 67th Precinct.imilar to other eastern Brooklyn neighborhoods, blacks predominate East Flatbush. The area has a population of about 105,000 and is 91.4% Black or African-American and 51% foreign born, the majority of whom are from the Caribbean.
Brooklyn, the borough, was once a city on its own until it narrowly voted to consolidate with New York City in 1898. The city evolved out of six distinct towns in Kings County, most developed during the Dutch colonial period: Brooklyn, Bushwick, New Utrecht, Gravesend, Flatbush, and Flatlands.his Brooklyn neighborhood south of Cypress Hills, National, Maimonides and Mount Hope Cemeteries, east of about Euclid Avenue and west of the Brooklyn-Queens line on Elderts Lane was originally called Union Place in honor of the nearby Union Course racetrack.