We're dividing 294660 by 53 
We want to figure out the number of times 294660 can be divided by 53.

Going ahead to step 1:
The number 53 fits into 2 0 times, leaving a remainder of 2.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Subtract 0 from 2 to get 2.
Include the next digit (9) from the dividend after 2, then repeat: 29 / 53

Step 2:
53 goes into 29 0 times with a remainder of 29.
The next digit of our result is 0. 
Result so far: 0.0
Subtract 0 from 29 to get 29.
Bring next digit (4) of the dividend behind the 29 and repeat the process: 294 / 53

Moving on to step 3:
If we divide 294 by 53, we get 5 and a remainder of 29.
Put 5 as the next digit of the answer. 
Result so far: 5.0
If we subtract 265 from 294, we get 29.
Grab the next digit (6) from the dividend, add it to 29, then carry on: 296 / 53

Advancing to step 4:
The number 53 fits into 296 5 times, leaving a remainder of 31.
Use 5 as the next digit of our solution. 
Result so far: 55.0
If we take 265 away from 296, we end up with 31.
Bring next digit (6) of the dividend behind the 31 and repeat the process: 316 / 53

Going ahead to step 5:
316 divided by 53 is 5 with a remainder of 51.
Record the quotient 5 as the next digit in the result. 
Result so far: 555.0
The remainder is 51 after subtracting 265 from 316.
Append the next digit (0) from the dividend to 51 and continue with: 510 / 53

Let's proceed to step 6:
53 can be fit into 510 9 times, resulting in a remainder of 33.
Record the quotient 9 as the next digit in the result. 
Result so far: 5559.0
If we take 477 away from 510, we end up with 33.
Since there are no more digits in the dividend, we add a zero to the remainder making it 330, and continue the process.

Moving on to step 7:
330 divided by 53 is 6 with a remainder of 12.
Record the quotient 6 as the next digit in the result. 
Result so far: 5559.6
Deduct 318 from 330 and we're left with 12.
Since there are no more digits in the dividend, we add a zero to the remainder making it 120, and continue the process.

Going ahead to step 8:
If we divide 120 by 53, we get 2 and a remainder of 14.
The number 2 becomes the next digit in our result. 
Result so far: 5559.62
Subtracting 106 from 120 leaves us with 14.
Since there are no more digits in the dividend, we add a zero to the remainder making it 140, and continue the process.

On to step 9:
53 goes into 140 2 times with a remainder of 34.
Use 2 as the next digit of our solution. 
Result so far: 5559.622
Subtracting 106 from 140 leaves us with 34.
Since there are no more digits in the dividend, we add a zero to the remainder making it 340, and continue the process.

In conclusion, the division gives 5559.622 with a balance of 0.0034.