Use the indicator area to specify:
See Continuation lines, Comment lines, and Debugging lines.
The indicator area can be used for source listing formatting. A slash (/) placed in the indicator column will cause the compiler to start a new page for the source listing, and the corresponding source record to be treated as a comment. The effect can be dependent on the LINECOUNT compiler option. For information about the LINECOUNT compiler option, see the COBOL for Windows Programming Guide.