A construction company disbursed payroll of $5,000 for labor used in last month but not paid for, and $3,000 for labor cost incurred this month for Project 001. The proper entry for this transaction is:

A) Debit Wage Payable $8,000; Credit Cost of Construction: Labor $8,000

B) Debit Wage Payable $5,000, Cost of Construction: Labor (Project 001) $3,000; Credit Cash $8,000

C)Debit Cash $8,000; Credit Wage Payable $5,000, Cost of Construction: Labor (Project 001) $3,000

D) Debit Cost of Construction: Labor $8,000; Credit Wage Payable $8,000