Let's divide 123344 by 916
We want to divide 123344 by 916.

Advancing to step 1:
The number 916 fits into 1 0 times, leaving a remainder of 1.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we take 0 away from 1, we end up with 1.
Grab the next digit (2) from the dividend, add it to 1, then carry on: 12 / 916

Step 2:
When dividing 12 by 916, we get 0 with a remainder of 12.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Deduct 0 from 12 and we're left with 12.
Append the next digit (3) from the dividend to 12 and continue with: 123 / 916

Going ahead to step 3:
When dividing 123 by 916, we get 0 with a remainder of 123.
Write down 0 as next digit of the result. 
Result so far: 0.0
If we take 0 away from 123, we end up with 123.
Fetch the next digit (3) from the dividend, attach it to 123 and continue: 1233 / 916

Step 4:
916 can be fit into 1233 1 times, resulting in a remainder of 317.
Put 1 as the next digit of the answer. 
Result so far: 1.0
If we take 916 away from 1233, we end up with 317.
Bring next digit (4) of the dividend behind the 317 and repeat the process: 3174 / 916

Let's proceed to step 5:
3174 divided by 916 is 3 with a remainder of 426.
Put 3 as the next digit of the answer. 
Result so far: 13.0
Deduct 2748 from 3174 and we're left with 426.
Take the next digit (4) from the dividend and append it to 426, then repeat: 4264 / 916

On to step 6:
The number 916 fits into 4264 4 times, leaving a remainder of 600.
Use 4 as the next digit of our solution. 
Result so far: 134.0
The remainder is 600 after subtracting 3664 from 4264.
Since there are no more digits in the dividend, we add a zero to the remainder making it 6000, and continue the process.

Advancing to step 7:
916 goes into 6000 6 times with a remainder of 504.
The next digit of our result is 6. 
Result so far: 134.6
Deduct 5496 from 6000 and we're left with 504.
Since there are no more digits in the dividend, we add a zero to the remainder making it 5040, and continue the process.

On to step 8:
916 can be fit into 5040 5 times, resulting in a remainder of 460.
Use 5 as the next digit of our solution. 
Result so far: 134.65
Subtracting 4580 from 5040 leaves us with 460.
Since there are no more digits in the dividend, we add a zero to the remainder making it 4600, and continue the process.

Advancing to step 9:
The number 916 fits into 4600 5 times, leaving a remainder of 20.
Put 5 as the next digit of the answer. 
Result so far: 134.655
The remainder is 20 after subtracting 4580 from 4600.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

In conclusion, the division gives 134.655 with a balance of 0.002.