The general purpose financial statements prepared annually by a corporation would not include the: Income tax return
This is further explained below.
Generally, A tax return is a document or form that is submitted to a tax authority in order to disclose one's income, spending, and any other relevant tax information.
Taxpayers are able to determine their tax burden, plan out their tax payments, and make claims for tax refunds for amounts that were overpaid by filing tax returns.
Financial statements are written documents that represent a company's commercial operations as well as its financial performance within a certain period of time.
Audits of financial accounts are often conducted by government agencies, accounting firms, and other organizations with the objective of verifying their correctness and meeting the requirements for taxation, financing or investing.
In conclusion, The following are not included in the financial statements for general purposes that are produced yearly by a corporation: Income tax return
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