Factors that cause the bank statement balance for a checking account to be different from the company's checking account balance include: outstanding checks, deposits in transit, deductions for bank fees, additions for interest, and errors.

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These are all common factors that can cause discrepancies between the bank statement balance and the company's checking account balance. Outstanding checks and deposits in transit may not have been recorded by the bank yet, while bank fees and interest may have been deducted or added by the bank without the company's knowledge. Errors, both by the company and the bank, can also lead to differences in the balances.

Factors That Cause the Bank Statement Balance for a Checking