Excel 2016 - Scrambled & Upside down sheets after Upgrade to Catalina iMac 2015

Hi, when opening my excel sheets in Microsoft Excel 2016 I see all the contents scrambled and upside down since I upgraded to macOS Catalina.

I am using Mirosoft Office 2016 since few years now on my iMac (late 2015) and it has been working fine.

The issue has come up only after the macOS Upgrade.

Anyone experiencing this and has a solution ?

Below are screenshots of the issue and software versions:

macOS Catalina (iMAC Late 2015)

MS Excel for MAC (15.33)