To do Alt + M L on Mac in Excel, download and install Accelerator Keys, then press Option, followed by M, L.
Command: Logical Functions Menu
This is how to do Alt + M L on Mac in Excel with Accelerator Keys, the native ribbon and alt key shortcut solution for Mac users who get more done with Excel.
Alt + M L opens the Logical functions dropdown menu in Excel’s Formulas tab. This menu contains essential decision-making functions including IF, AND, OR, NOT, IFS, SWITCH, and other conditional logic functions used for data analysis and automation.