"A system of letter or figure with arbitrary meaning for brevity and for machine processing of information".Above statement refers to the term :
- ALiabilities
- BAssets
- CCode
- DDebtors
Solution & Step-by-step Explanation
A 'Code' is an identification mark—a system of letters, numbers, or symbols used to represent data concisely to facilitate sorting, storing, and processing of information in computerized accounting systems.