A construction company received check in the amount of $200,000 for last months progress billing from owner. The proper entry for this transaction is:

A) Debit Progress Billings $200,000; credit Accounts Receivable $200,000

B) Debit Progress Billings $200,000; credit Cash $200,000

C) Debit Cash $200,000; credit Accounts Receivable $200,000

D) Debit Accounts Receivable $200,000; credit Cash $200,000