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.
What began as a series of swanky developments in the early 1900s, luring white, upper class residents from Brooklyn Heights, is now attracting professionals and ex-Park Slopers to the stately homes of âVictorian Flatbushâ â a term thatâs only 30 years old.ame to Brooklyn when I was ten. I used to live on Marlboro and Newkirk, then Newkirk and Coney Island. Then I moved here, Ocean and Beverly in 2003. I like Flatbush, itâs convenient to everything I need and the apartment is big and affordable.