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In this video tutorial, the presenter, John, demonstrates how to split combined date and time entries in Excel into two separate cells. Although you can format the cell to display only the date, this does not change the underlying data, which can cause issues when categorizing or looking up entries. To resolve this, John introduces the ROUND DOWN formula, enabling users to separate date and time data effectively. The example provided includes data on car sales, highlighting the process of extracting the date while eliminating the time component to facilitate better organization and categorization in Excel.