Which of the following is the main objective of accounting?

The main objectives of accounting are multifaceted: (A) Ascertainment of results for recorded transactions - determining profit or loss from business operations, (B) Ascertainment of financial position - preparing balance sheet to show assets, liabilities, and capital at a point in time, (C) Communicating interpreted results - preparing financial statements in a form understandable to users (investors, creditors, management, government, etc.). Accounting is not just about recording; it's about processing, summarizing, and communicating financial information to support decision-making. All three objectives are fundamental to accounting's purpose, so the answer is D (all of the above).