COBOL is a high level programming language and COBOL stands for Common Business Oriented Language and it is develop for business data processing needs which is now known as COBOL. COBOL is used for writing application programs and we cannot use it to write system software. The applications like those in defense domain, insurance domain, etc. which require huge data processing make extensive use of COBOL. COBOL is primarily used in business, finance, and administrative systems for companies and governments. In 1997, Gartner Group estimated that there were a total of 200 billion lines of COBOL in existence which ran 80% of all business programs. COBOL programs are written in coding sheets. There are 80 columns in a line of the coding sheet. The page number is coded in columns 1-3 and the line numbers are coded in columns 4-6. The page and line numbers together is called the sequence number.