118754 ÷ 98 
Let's see how many times 98 fits into 118754.

On to step 1:
98 can be fit into 1 0 times, resulting in a remainder of 1.
The next digit of our result is 0. 
Result so far: 0.0
Deduct 0 from 1 and we're left with 1.
Append the next digit (1) from the dividend to 1 and continue with: 11 / 98

Step 2:
The number 98 fits into 11 0 times, leaving a remainder of 11.
The next digit of our result is 0. 
Result so far: 0.0
If we subtract 0 from 11, we get 11.
Fetch the next digit (8) from the dividend, attach it to 11 and continue: 118 / 98

Step 3:
98 goes into 118 1 times with a remainder of 20.
Put 1 as the next digit of the answer. 
Result so far: 1.0
Subtract 98 from 118 to get 20.
Take the next digit (7) from the dividend and append it to 20, then repeat: 207 / 98

Let's proceed to step 4:
207 divided by 98 is 2 with a remainder of 11.
Write down 2 as next digit of the result. 
Result so far: 12.0
Subtracting 196 from 207 leaves us with 11.
Take the next digit (5) from the dividend and append it to 11, then repeat: 115 / 98

Step 5:
98 goes into 115 1 times with a remainder of 17.
Write down 1 as next digit of the result. 
Result so far: 121.0
Deduct 98 from 115 and we're left with 17.
Bring next digit (4) of the dividend behind the 17 and repeat the process: 174 / 98

Moving on to step 6:
174 divided by 98 is 1 with a remainder of 76.
The number 1 becomes the next digit in our result. 
Result so far: 1211.0
The remainder is 76 after subtracting 98 from 174.
Since there are no more digits in the dividend, we add a zero to the remainder making it 760, and continue the process.

Step 7:
When dividing 760 by 98, we get 7 with a remainder of 74.
Record the quotient 7 as the next digit in the result. 
Result so far: 1211.7
If we subtract 686 from 760, we get 74.
Since there are no more digits in the dividend, we add a zero to the remainder making it 740, and continue the process.

Advancing to step 8:
When dividing 740 by 98, we get 7 with a remainder of 54.
Put 7 as the next digit of the answer. 
Result so far: 1211.77
The remainder is 54 after subtracting 686 from 740.
Since there are no more digits in the dividend, we add a zero to the remainder making it 540, and continue the process.

The quotient of the division is 1211.77, and the remainder is 0.054.