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 fuels that are made from plants and can be used to power cars or other vehicles. 1  Pros: When biomass is alive, it removes harmful carbon dioxide from the atmosphere. 2  Many methods turn existing waste materials into energy. 3  Cons: Using biomass energy often releases carbon dioxide and pollutants into the air.