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 a neighborhood in the New York City borough of Brooklyn. Founded in 1651 by Dutch colonists, the neighborhood, which consists of several subsections, had a population of 110,875, as of the 2010 United States Census.latbush and the five other towns of what was to become Kings County, were surrendered to the English in 1664. The town was the county seat for Kings County and was a center of life for what we now call Brooklyn.