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In this tutorial by John from Excel Campus, he explains how to use groups and outlines in Excel with an example of a formatted income statement. He demonstrates how to collapse and expand groups by clicking the minus and plus buttons next to the row headers. To create a group, users need to select the desired rows, navigate to the Data tab, and click the Group button in the Outline section. This action applies the group, allowing for easy collapsing and expanding of the selected rows. John also mentions that this grouping feature works similarly for columns, enhancing data organization and visibility in Excel.
