Table of Contents### Entering Text and Values

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A worksheet can contain three basic types of entries: text, values, and formulas. (There are also functions, which are simply built-in formulas-you'll learn more about those in Chapter 6, "Using Excel Functions.") You can type up to 255 characters in a cell, text or numbers. Depending on the purpose of the data, the characters you type will fall into one of these categories:

**Text.**Excel refers to text data as text (sometime known as labels); Excel cannot perform calculations on entries that are strictly text. For example, if you type the word February into a cell, you won't be able to perform a mathematical function or calculation with it-it's just a word.**Values.**Excel refers to numerical data as a value; Excel can calculate value entries. Values include numbers, dates, and times. For example, if you type the number 1,024, you can do something with it, such as multiply or add.**Formulas.**The third type of data is a formula, which is simply an entry that tells Excel to perform calculations on the values in a cell or group of cells. You'll learn more about entering formulas later in the chapter.