Data Entry in Excel: Data can be manually entered into cells. For instance, profits across different years can be typed into columns labeled by year.
Formatting Data: After entering data, users can format it, assigning appropriate data types like currency. For currencies, system local dictates the default currency, but users can select different symbols like Dollar, Pound, or Euro.
Selecting Data: Users can select entire columns, rows, or the whole sheet by clicking on the respective headers or the top left corner. The data type of a column can be changed easily after selecting it.
Basic Functions - The Big Five: Excel provides basic functions commonly referred to as the "Big Five" which are Sum, Average, Minimum, Maximum, and Count. Users can apply these functions to analyze their data.
Formulas and Referencing: In Excel, formulas begin with an equal sign. Users can reference specific cells or ranges of cells in their formulas. The formula bar displays the current formula in a selected cell.

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