We look at the division of 54340 by 78 
We want to figure out the number of times 54340 can be divided by 78.

Advancing to step 1:
78 can be fit into 5 0 times, resulting in a remainder of 5.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Subtract 0 from 5 to get 5.
Take the next digit (4) from the dividend and append it to 5, then repeat: 54 / 78

Advancing to step 2:
If we divide 54 by 78, we get 0 and a remainder of 54.
Write down 0 as next digit of the result. 
Result so far: 0.0
Deduct 0 from 54 and we're left with 54.
Append the next digit (3) from the dividend to 54 and continue with: 543 / 78

Going ahead to step 3:
If we divide 543 by 78, we get 6 and a remainder of 75.
Use 6 as the next digit of our solution. 
Result so far: 6.0
Deduct 468 from 543 and we're left with 75.
Take the next digit (4) from the dividend and append it to 75, then repeat: 754 / 78

Moving on to step 4:
78 can be fit into 754 9 times, resulting in a remainder of 52.
Use 9 as the next digit of our solution. 
Result so far: 69.0
Deduct 702 from 754 and we're left with 52.
Grab the next digit (0) from the dividend, add it to 52, then carry on: 520 / 78

On to step 5:
78 can be fit into 520 6 times, resulting in a remainder of 52.
Write down 6 as next digit of the result. 
Result so far: 696.0
If we subtract 468 from 520, we get 52.
Since there are no more digits in the dividend, we add a zero to the remainder making it 520, and continue the process.

Step 6:
520 divided by 78 is 6 with a remainder of 52.
The next digit of our result is 6. 
Result so far: 696.6
Deduct 468 from 520 and we're left with 52.
Since there are no more digits in the dividend, we add a zero to the remainder making it 520, and continue the process.

Advancing to step 7:
78 can be fit into 520 6 times, resulting in a remainder of 52.
The next digit of our result is 6. 
Result so far: 696.66
Deduct 468 from 520 and we're left with 52.
Since there are no more digits in the dividend, we add a zero to the remainder making it 520, and continue the process.

The quotient of the division is 696.66, and the remainder is 0.052.