A construction company sent a progress billing of $10,000 to clients. Contract terms include 10% retention. The proper entry for this transaction is:

A) Debit Account Receivable $9,000, Retention Receivable $1,000; credit Progress Billing $10,000

B) Debit Cash $10,000; Credit Account Receivable $9,000, Retention Receivable $1,000

C) Debit Progress Billing $10,000; credit Account Receivable $9,000, Retention Receivable $1,000

D) Debit Account Receivable $9,000, Retention Receivable $1,000; credit Cash $10,000