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.
Biofuels are solid, liquid or gas fuels made from recently-harvested biological material (biomass). Most biofuel is derived from plants, either crops grown specifically for fuel use or material left over from plants harvested for other uses.urning biofuel releases carbon dioxide to the atmosphere, just as burning any other fuel does. However, unlike fossil fuel, biofuel can be renewable and low in carbon intensity -- if it is derived from plants that are grown sustainably (with new growth continuously replacing harvested material).