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Default Formating Negative Figures in Brackets

Excel 2007
In earlier version of Excel, we could get a specific format for presenting
the negative numbers in brackets and / or in red color. I could not find it
in the Excel 2007. This can be done in the Custom Format. I do not have
specifics for it. Can you give me the format for the same ?
Why did the Excel remove this useful and oft needed feature from their new
version, or am I missing something ?

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Shrikant
 
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