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In this video tutorial, the presenter demonstrates how to create table captions and a list of tables in Microsoft Word. They start by scrolling down to the bottom where all the tables are located, then show how to insert captions for the tables by selecting the table, going to references, and changing the label option to "table." They also show how to modify the caption style by changing the color to black, removing italics, adjusting the font size and type, and adjusting the spacing. Finally, they show how to delete extra table captions and make the necessary formatting changes.