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.
Fuels that have been extracted from plants and crops are known as biofuels. Of these, the most commonly extracted and used one is Bioethanol or simply Ethanol and Biodiesel.It is blended with gasoline and can be used as an alternative fuel for your car.uels that have been extracted from plants and crops are known as biofuels. Of these, the most commonly extracted and used one is Bioethanol or simply Ethanol and Biodiesel.