Let's divide 7924 by 50
We're looking to find how many times 50 goes into 7924.

Step 1:
If we divide 7 by 50, we get 0 and 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 (9) from the dividend, attach it to 7 and continue: 79 / 50

Let's proceed to step 2:
79 divided by 50 is 1 with a remainder of 29.
Use 1 as the next digit of our solution. 
Result so far: 1.0
Deduct 50 from 79 and we're left with 29.
Append the next digit (2) from the dividend to 29 and continue with: 292 / 50

Advancing to step 3:
If we divide 292 by 50, we get 5 and a remainder of 42.
The next digit of our result is 5. 
Result so far: 15.0
If we subtract 250 from 292, we get 42.
Fetch the next digit (4) from the dividend, attach it to 42 and continue: 424 / 50

Step 4:
424 divided by 50 is 8 with a remainder of 24.
The next digit of our result is 8. 
Result so far: 158.0
The remainder is 24 after subtracting 400 from 424.
Since there are no more digits in the dividend, we add a zero to the remainder making it 240, and continue the process.

Step 5:
When dividing 240 by 50, we get 4 with a remainder of 40.
The number 4 becomes the next digit in our result. 
Result so far: 158.4
Subtracting 200 from 240 leaves us 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.

Let's proceed to step 6:
When dividing 400 by 50, we get 8 with a remainder of 0.
Write down 8 as next digit of the result. 
Result so far: 158.48
The remainder is 0 after subtracting 400 from 400.
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 7:
50 goes into 0 0 times with a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 158.48
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.

Let's proceed to step 8:
When dividing 0 by 50, we get 0 with a remainder of 0.
The next digit of our result is 0. 
Result so far: 158.48
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 158.48 with a balance of 0.0.