What version of Premiere Elements are you using and on what computer operating system is it running?
You are not presenting an issue just a settings question.
Look to the left of the works Video 1 to see a filmstrip icon. Toggling that icon will offer you choices for "Video Track Display Style"
There should be 4 choices to go through with each click of the icon. Similarly to the left of the words Audio 1 is a speaker icon "Set Audio Track
Display Style". There should be just 2 choices to go through with each click of that icon.
If you need further details or need clarification, please do not hesitate to ask.