We're dividing 530642 by 68 
We're looking to find how many times 68 goes into 530642.

Advancing to step 1:
68 goes into 5 0 times with a remainder of 5.
The next digit of our result is 0. 
Result so far: 0.0
Subtract 0 from 5 to get 5.
Fetch the next digit (3) from the dividend, attach it to 5 and continue: 53 / 68

On to step 2:
68 can be fit into 53 0 times, resulting in a remainder of 53.
The next digit of our result is 0. 
Result so far: 0.0
Subtracting 0 from 53 leaves us with 53.
Include the next digit (0) from the dividend after 53, then repeat: 530 / 68

Step 3:
68 can be fit into 530 7 times, resulting in a remainder of 54.
The next digit of our result is 7. 
Result so far: 7.0
Subtract 476 from 530 to get 54.
Fetch the next digit (6) from the dividend, attach it to 54 and continue: 546 / 68

Going ahead to step 4:
The number 68 fits into 546 8 times, leaving a remainder of 2.
The next digit of our result is 8. 
Result so far: 78.0
Subtracting 544 from 546 leaves us with 2.
Include the next digit (4) from the dividend after 2, then repeat: 24 / 68

Going ahead to step 5:
The number 68 fits into 24 0 times, leaving a remainder of 24.
The next digit of our result is 0. 
Result so far: 780.0
The remainder is 24 after subtracting 0 from 24.
Grab the next digit (2) from the dividend, add it to 24, then carry on: 242 / 68

Advancing to step 6:
68 goes into 242 3 times with a remainder of 38.
The next digit of our result is 3. 
Result so far: 7803.0
The remainder is 38 after subtracting 204 from 242.
Since there are no more digits in the dividend, we add a zero to the remainder making it 380, and continue the process.

Let's proceed to step 7:
The number 68 fits into 380 5 times, leaving a remainder of 40.
The number 5 becomes the next digit in our result. 
Result so far: 7803.5
Deduct 340 from 380 and we're left with 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

Step 8:
68 goes into 400 5 times with a remainder of 60.
The number 5 becomes the next digit in our result. 
Result so far: 7803.55
If we subtract 340 from 400, we get 60.
Since there are no more digits in the dividend, we add a zero to the remainder making it 600, and continue the process.

In conclusion, the division gives 7803.55 with a balance of 0.06.