703223 ÷ 8 
We want to figure out the number of times 703223 can be divided by 8.

Moving on to step 1:
When dividing 7 by 8, we get 0 with a remainder of 7.
Write down 0 as next digit of the result. 
Result so far: 0.0
If we take 0 away from 7, we end up with 7.
Fetch the next digit (0) from the dividend, attach it to 7 and continue: 70 / 8

Moving on to step 2:
8 can be fit into 70 8 times, resulting in a remainder of 6.
The next digit of our result is 8. 
Result so far: 8.0
Deduct 64 from 70 and we're left with 6.
Take the next digit (3) from the dividend and append it to 6, then repeat: 63 / 8

Advancing to step 3:
The number 8 fits into 63 7 times, leaving a remainder of 7.
The next digit of our result is 7. 
Result so far: 87.0
Subtract 56 from 63 to get 7.
Take the next digit (2) from the dividend and append it to 7, then repeat: 72 / 8

On to step 4:
8 can be fit into 72 9 times, resulting in a remainder of 0.
Put 9 as the next digit of the answer. 
Result so far: 879.0
Subtract 72 from 72 to get 0.
Include the next digit (2) from the dividend after 0, then repeat: 2 / 8

Let's proceed to step 5:
The number 8 fits into 2 0 times, leaving a remainder of 2.
Use 0 as the next digit of our solution. 
Result so far: 8790.0
The remainder is 2 after subtracting 0 from 2.
Bring next digit (3) of the dividend behind the 2 and repeat the process: 23 / 8

Let's proceed to step 6:
If we divide 23 by 8, we get 2 and a remainder of 7.
Use 2 as the next digit of our solution. 
Result so far: 87902.0
If we subtract 16 from 23, we get 7.
Since there are no more digits in the dividend, we add a zero to the remainder making it 70, and continue the process.

On to step 7:
8 can be fit into 70 8 times, resulting in a remainder of 6.
Use 8 as the next digit of our solution. 
Result so far: 87902.8
Deduct 64 from 70 and we're left with 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

Moving on to step 8:
The number 8 fits into 60 7 times, leaving a remainder of 4.
Write down 7 as next digit of the result. 
Result so far: 87902.87
Subtracting 56 from 60 leaves us with 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Step 9:
If we divide 40 by 8, we get 5 and a remainder of 0.
The next digit of our result is 5. 
Result so far: 87902.875
Subtract 40 from 40 to get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Step 10:
When dividing 0 by 8, we get 0 with a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 87902.875
If we subtract 0 from 0, we get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Moving on to step 11:
0 divided by 8 is 0 with a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 87902.875
Subtracting 0 from 0 leaves us with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

In conclusion, the division gives 87902.875 with a balance of 0.0.