To calculate net accounts receivable, you need: total accounts receivable, allowance for doubtful accounts, and sales returns and allowances. If you choose to use the sales factor formula, you must file using only the sales factor in the next taxable year.A company's net receivables are the total amount of money its customers owe minus what the company estimates will likely never be paid. 2023 Utah TC-65 Instructions. (Schedule J, Part 2). To calculate the net credit sales, subtract the sales returns and sales allowances from the sales you've made on credit. 4. Accounts receivable are any balances owed to the University of Texas at Dallas (University) from unaffiliated, external organizations or individuals. Sales and services, net (Note 1). 1,205,810. Use the free New Jersey Online Filing Service to file your 2024 NJ-1040 return. It's simple and easy to follow the instructions, complete your NJ tax return,.