We look at the division of 550366 by 50 
We're looking to find how many times 50 goes into 550366.

On to step 1:
5 divided by 50 is 0 with a remainder of 5.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Deduct 0 from 5 and we're left with 5.
Fetch the next digit (5) from the dividend, attach it to 5 and continue: 55 / 50

Advancing to step 2:
50 goes into 55 1 times with a remainder of 5.
The next digit of our result is 1. 
Result so far: 1.0
If we subtract 50 from 55, we get 5.
Include the next digit (0) from the dividend after 5, then repeat: 50 / 50

Advancing to step 3:
50 divided by 50 is 1 with a remainder of 0.
The number 1 becomes the next digit in our result. 
Result so far: 11.0
Subtracting 50 from 50 leaves us with 0.
Fetch the next digit (3) from the dividend, attach it to 0 and continue: 3 / 50

Let's proceed to step 4:
When dividing 3 by 50, we get 0 with a remainder of 3.
The number 0 becomes the next digit in our result. 
Result so far: 110.0
The remainder is 3 after subtracting 0 from 3.
Fetch the next digit (6) from the dividend, attach it to 3 and continue: 36 / 50

Let's proceed to step 5:
If we divide 36 by 50, we get 0 and a remainder of 36.
The number 0 becomes the next digit in our result. 
Result so far: 1100.0
The remainder is 36 after subtracting 0 from 36.
Take the next digit (6) from the dividend and append it to 36, then repeat: 366 / 50

Moving on to step 6:
The number 50 fits into 366 7 times, leaving a remainder of 16.
Record the quotient 7 as the next digit in the result. 
Result so far: 11007.0
Subtracting 350 from 366 leaves us with 16.
Since there are no more digits in the dividend, we add a zero to the remainder making it 160, and continue the process.

Moving on to step 7:
When dividing 160 by 50, we get 3 with a remainder of 10.
Write down 3 as next digit of the result. 
Result so far: 11007.3
If we take 150 away from 160, we end up with 10.
Since there are no more digits in the dividend, we add a zero to the remainder making it 100, and continue the process.

Let's proceed to step 8:
If we divide 100 by 50, we get 2 and a remainder of 0.
Use 2 as the next digit of our solution. 
Result so far: 11007.32
Subtracting 100 from 100 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.

On to step 9:
When dividing 0 by 50, we get 0 with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 11007.32
If we take 0 away from 0, 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.

Advancing to step 10:
The number 50 fits into 0 0 times, leaving a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 11007.32
If we take 0 away from 0, 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.

In conclusion, the division gives 11007.32 with a balance of 0.0.