i need help solving these teo qustions from mu text book. my accounting teacher basically just red from the text book and told us to do the qustions. if you could includ an explination so i understand it that would be awesome to. qs 4-1 & 4-3

QUICK STUDY QS 4-1 Applying a work sheet L01 the following accounts should be extended. Use IS for the Income Statement Debit column and BS for lo In preparing a work sheet, indicate the financial statement debit column to which a normal balance of each Balance Sheet or Statement of Changes in Equity Debit column. 1. Equipment 4. Prepaid insurance 2. Owner, withdrawals 5. Accounts receivable 3. Insurance expense 6. Depreciation expense, equipment peung the Accounting Cycle and Classifying Accounts The following information is from the work sheet for Pursley Company as of December 31, 2020. Using this information, determine the amount that should be reported for Alice Pursley, Capital on the December 31, OS 4-3 Work sheet information LO1 2020, balance sheet Income Statement Debit Credit Balance Sheet and Statement of Changes in Equity Debit Credit Cash 7,000 Alice Pursley, capital Alice Pursley, withdrawals Totals 50,000 32.000 125,000 184,000