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In this Excel tutorial, the presenter demonstrates how to add and remove strikethrough formatting in Microsoft Excel. The tutorial begins with selecting the desired cells and accessing the format cells dialog box by clicking the arrow button. In the dialog, users can find the "strikethrough" option under the effects section. After checking the box and clicking OK, the selected cells will display strikethrough formatting. To remove the strikethrough, users can access the dialog box again, uncheck the option, and click OK to return the cells to normal. The tutorial encourages viewers to subscribe and mentions a playlist for learning Microsoft Excel VBA.