We're dividing 499079 by 50 
Let's see how many times 50 fits into 499079.

Going ahead to step 1:
50 goes into 4 0 times with a remainder of 4.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 4 after subtracting 0 from 4.
Include the next digit (9) from the dividend after 4, then repeat: 49 / 50

Going ahead to step 2:
50 goes into 49 0 times with a remainder of 49.
Write down 0 as next digit of the result. 
Result so far: 0.0
The remainder is 49 after subtracting 0 from 49.
Append the next digit (9) from the dividend to 49 and continue with: 499 / 50

Advancing to step 3:
50 can be fit into 499 9 times, resulting in a remainder of 49.
Use 9 as the next digit of our solution. 
Result so far: 9.0
The remainder is 49 after subtracting 450 from 499.
Append the next digit (0) from the dividend to 49 and continue with: 490 / 50

Moving on to step 4:
When dividing 490 by 50, we get 9 with a remainder of 40.
Use 9 as the next digit of our solution. 
Result so far: 99.0
Subtracting 450 from 490 leaves us with 40.
Include the next digit (7) from the dividend after 40, then repeat: 407 / 50

Going ahead to step 5:
407 divided by 50 is 8 with a remainder of 7.
Put 8 as the next digit of the answer. 
Result so far: 998.0
If we subtract 400 from 407, we get 7.
Grab the next digit (9) from the dividend, add it to 7, then carry on: 79 / 50

Moving on to step 6:
If we divide 79 by 50, we get 1 and a remainder of 29.
Use 1 as the next digit of our solution. 
Result so far: 9981.0
The remainder is 29 after subtracting 50 from 79.
Since there are no more digits in the dividend, we add a zero to the remainder making it 290, and continue the process.

Let's proceed to step 7:
290 divided by 50 is 5 with a remainder of 40.
The number 5 becomes the next digit in our result. 
Result so far: 9981.5
If we subtract 250 from 290, we get 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

On to step 8:
When dividing 400 by 50, we get 8 with a remainder of 0.
The number 8 becomes the next digit in our result. 
Result so far: 9981.58
If we take 400 away from 400, we end up 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.

Step 9:
When dividing 0 by 50, we get 0 with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 9981.58
The remainder is 0 after subtracting 0 from 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 10:
The number 50 fits into 0 0 times, leaving a remainder of 0.
The next digit of our result is 0. 
Result so far: 9981.58
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.

In conclusion, the division gives 9981.58 with a balance of 0.0.