Ctrl+R

Right-align selected text

Ctrl+L

Left-align selected text

Ctrl+J

Justify-align selected text (straight edges on both sides)

Ctrl+E

Center-align selected text

Ctrl+M

Indent Text (Move text to the right)

Ctrl+Shift+M

Outdent Text

Ctrl+T

Create/ increase hanging indent

Ctrl+Shift+T

Remove/ decrease hanging indent

Ctrl+0

Toggle spacing before paragraph

Ctrl+1

Single line spacing

Ctrl+2

Double line spacing

Ctrl+5

Apply line spacing of 1.5

Alt+Ctrl+1

Apply Heading 1 style

Alt+Ctrl+2

Apply Heading 2 style

Alt+Ctrl+3

Apply Heading 3 style

Alt+Shift+Arrow Right/Arrow Left

Promote / demote Headings

Ctrl+Shift+S

Open Apply Styles task pane (will not close with pressing it a second time)