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.
Save. Biofuels are harvested from organic materials of plant or animal origin. Though all fuels, including gases, derived from non-fossil biological materials can be classified as biofuels, the term is commonly used for the liquid biofuels that are used in our automobiles.ave. Biofuels are harvested from organic materials of plant or animal origin. Though all fuels, including gases, derived from non-fossil biological materials can be classified as biofuels, the term is commonly used for the liquid biofuels that are used in our automobiles.