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In this Microsoft Excel tutorial, viewers learn how to create a personalized timesheet for tracking hours worked, particularly for contractors or informal arrangements, rather than large organizations. The tutorial emphasizes the importance of keeping certain rows visible by using the freeze cell feature. Key columns to include in the timesheet are "Date Worked," "Time In," "Time Out," and "Total Hours Worked." The tutorial aims to help individuals manage their time effectively with a simple yet organized spreadsheet layout.