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.
What are Biofuels. Also known as agrofuel, these fuels are mainly derived from biomass or bio waste.These fuels can be used for any purposes, but the main use for which they have to be brought is in the transportation sector. Most of the vehicles require fuels which provide high power and are dense so that storage is easier.hat are Biofuels. Also known as agrofuel, these fuels are mainly derived from biomass or bio waste.