The standard form of the equation of a circle with center \((h, k)\) and radius \(r\) is given by:
\[ (x - h)^2 + (y - k)^2 = r^2 \]
Here, the center of the circle is \((-1, 3)\), which means \(h = -1\) and \(k = 3\). The radius \(r\) is given as 5. Therefore, \(r^2 = 5^2 = 25\).
Now, substituting the values of \(h\), \(k\), and \(r^2\) into the standard form equation:
\[ (x - (-1))^2 + (y - 3)^2 = 25 \]
This simplifies to:
\[ (x + 1)^2 + (y - 3)^2 = 25 \]
Thus, the correct equation of the circle in standard form is:
\[ \boxed{(x + 1)^2 + (y - 3)^2 = 25} \]