Forces are by one object, on a different object. The "by" is whatever is causing the force to occur. The "on" is whatever is receiving the force, and whose motion is being affected.
There are two forces on your bouncing ball:
A force of gravity, by the Earth, on the ball. Another name for this force is the weight of the ball. Let's say it is 10 N. Its direction is downward, because the Earth's gravity pulls downward.
A surface force, by the Earth, on the ball. Read my answer here explaining why this force is upward, and why it must be greater than the weight of the ball. Let's say this force is 50 N upward.
Newton's Third Law states that if there is
- a force by object A on object B with a certain amount and direction
then there will also be
- a force by object B on object A with same amount and opposite direction.
Notice how the two bulleted clauses are nearly the same, except A and B have swapped roles, and the direction is reversed? (Take a moment to think about this.)
The swapping of the object roles are particularly important; just because two forces happen to be "equal and opposite" does not necessarily make them a Third Law pair.
Okay, so the Third Law pair of the force #1 described above must be
- A force of gravity, by the ball, on the Earth. It pulls upward on the Earth by 10 N.
and the Third Law pair of force #2 must be
- A surface force, by the ball, on the Earth. It pushes downward on the Earth by 50 N.
So 1+3 are a Third Law pair, because the object roles are swapped, the amounts are the same, and the directions are reversed. Similarly, 2+4 are a Third Law pair. But 1+2 are not a pair: the object roles are not reversed, nor are the amounts the same. Nor are 1+4, 2+3, or 3+4 Third Law pairs.
The net force is only meaningful to the forces on one given object. We don't add in other forces on other objects, even if they were by the given object.
So if we want the net force on the ball,
We include force #1, because it is on the ball. 10 N downward.
We include force #2, because it is also on the ball. 50 N upward.
We must not include force #3, because it is not on the ball. It is on the Earth. It does not matter that force #3 is by the ball.
We also do not include force #4, because it is on the Earth, not on the ball.
The net force is 10 N downward + 50 N upward = 40 N upward. The net force is not zero. You now use the Second Law to calculate the acceleration of the ball, which (like the net force) will be upward.
You can also calculate the net force on the Earth. In this case, only forces #3 and #4 act on the Earth. We get a total of 10 N upward + 50 N downward = 40 N downward.
You can use this net force and the Second Law to calculate the acceleration of the Earth. Because the Earth has an enormous amount of mass, the acceleration will be tiny, which is why we don't notice the Earth moving when the ball bounces.