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.
Flatbush is the kind of neighborhood that families call home for generations. Liquor stores, clothing shops, and churches compose Flatbush's commercial corridors and neighborhood streetscapes.Youâll find some of the best Jamaican food youâve ever had in our area for cheap.ictorian style homes mingle with brick townhouses, and little awnings demarcate the smattering of local businesses lining Flatbushâs mostly quiet streetsâjust exercise caution as you head east. Three subways serve this Brooklyn neighborhood, ensuring an easy trek into Manhattan.