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. 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.ore about Biofuels: 1  How Biofuel is Made-Information on how biofuel is produced from different plant materials. 2  Biofuels Today-Information about current biofuel production and use in the United States and New York State.