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.
July 30, 2013 - 2:43pm. Biodiesel is a domestically produced, renewable fuel that can be manufactured from vegetable oils, animal fats, or recycled restaurant greases.iodiesel is a liquid fuel produced from renewable sources such as new and used vegetable oils and animal fats and is a cleaner-burning replacement for petroleum-based diesel fuel. It is nontoxic and biodegradable. Like petroleum diesel, biodiesel is used to fuel compression-ignition (diesel) engines.