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Correction for overcharged labor and burden on finished good

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I have overcharged my labor and burden on the finished goods inventory. I know I need to make an adjustment, but when I make a credit to my finished goods liability I am unsure where I would make the journal entry for the new found cash.

In other words, if I credit finished goods, what to I debit on the other side of the ledger?

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The answer explains the Correction for overcharged labor and burden on finished good inventory.

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When the cost of labour charges is charged to finished goods, the following entry was passed by you.

Finished Goods a/c Dr

To Direct wages payable a/c.

Suppose you estimate $ 50000 is payable as direct wages,

then the entry passed was :

Finished ...

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