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.
Biodiesel is made by combining alcohol (usually methanol) with vegetable oil, animal fat, or recycled cooking greases. It can be used as an additive to reduce vehicle emissions (typically 20%) or in its pure form as a renewable alternative fuel for diesel engines. Other biofuels include methanol and reformulated gasoline components.