Based on natureEdit. An account may be classified as real, personal or as a nominal account. Example: A sales account is opened for recording the sales of goods or services and at the end of the financial period the total sales are transferred to the revenue statement account (Profit and Loss Account or Income and Expenditure Account).
A biofuel is a gas, liquid, or solid from natural sources such as plants that is used as a fuel. Biofuels can be mixed with conventional fuels. COBUILD Advanced English Dictionary.
Biofuels are the best way of reducing the emission of the greenhouse gases. They can also be looked upon as a way of energy security which stands as an alternative of fossil fuels that are limited in availability.Today, the use of biofuels has expanded throughout the globe.hat are Biofuels. Also known as agrofuel, these fuels are mainly derived from biomass or bio waste.