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.. Renewable: Most of the fossil fuels will expire and end up in smoke one day. Since most of the sources like manure, corn, switchgrass, soyabeans, waste from crops and plants are renewable and are not likely to run out any time soon, making the use of biofuels efficient in nature.