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In this video tutorial, the presenter demonstrates how to create a business receipt in Microsoft Word. The process begins by opening a new document and inserting a table with 5 columns and 33 rows to maintain organization. After inserting the table, the presenter selects the entire table and adjusts the row height to between 0.74 and 0.8 to ensure proper spacing. Next, the text alignment is changed to center within the cells to achieve a neat appearance. The video continues with detailed steps to format the receipt further, focusing on aesthetics and clarity.