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.
Biofuel Info | Production & Facts. A Biofuel is a fuel extracted from organic matter whose energy has been obtained through a process of carbon fixation. Biofuel is made up of hydrocarbons containing the embodied energy of the organic matter and can be used as a fuel source.iofuel Info | Production & Facts. A Biofuel is a fuel extracted from organic matter whose energy has been obtained through a process of carbon fixation. Biofuel is made up of hydrocarbons containing the embodied energy of the organic matter and can be used as a fuel source.