488693 ÷ 8 
Our goal is to divide 488693 by 8.

Advancing to step 1:
8 can be fit into 4 0 times, resulting in a remainder of 4.
Use 0 as the next digit of our solution. 
Result so far: 0.0
If we subtract 0 from 4, we get 4.
Grab the next digit (8) from the dividend, add it to 4, then carry on: 48 / 8

Going ahead to step 2:
8 can be fit into 48 6 times, resulting in a remainder of 0.
Use 6 as the next digit of our solution. 
Result so far: 6.0
Deduct 48 from 48 and we're left with 0.
Append the next digit (8) from the dividend to 0 and continue with: 8 / 8

Let's proceed to step 3:
When dividing 8 by 8, we get 1 with a remainder of 0.
Use 1 as the next digit of our solution. 
Result so far: 61.0
If we take 8 away from 8, we end up with 0.
Include the next digit (6) from the dividend after 0, then repeat: 6 / 8

Advancing to step 4:
8 goes into 6 0 times with a remainder of 6.
Put 0 as the next digit of the answer. 
Result so far: 610.0
The remainder is 6 after subtracting 0 from 6.
Grab the next digit (9) from the dividend, add it to 6, then carry on: 69 / 8

Advancing to step 5:
69 divided by 8 is 8 with a remainder of 5.
Record the quotient 8 as the next digit in the result. 
Result so far: 6108.0
If we subtract 64 from 69, we get 5.
Append the next digit (3) from the dividend to 5 and continue with: 53 / 8

Advancing to step 6:
8 can be fit into 53 6 times, resulting in a remainder of 5.
The next digit of our result is 6. 
Result so far: 61086.0
The remainder is 5 after subtracting 48 from 53.
Since there are no more digits in the dividend, we add a zero to the remainder making it 50, and continue the process.

Going ahead to step 7:
50 divided by 8 is 6 with a remainder of 2.
Record the quotient 6 as the next digit in the result. 
Result so far: 61086.6
If we take 48 away from 50, we end up with 2.
Since there are no more digits in the dividend, we add a zero to the remainder making it 20, and continue the process.

Step 8:
8 goes into 20 2 times with a remainder of 4.
Use 2 as the next digit of our solution. 
Result so far: 61086.62
The remainder is 4 after subtracting 16 from 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Going ahead to step 9:
8 can be fit into 40 5 times, resulting in a remainder of 0.
Put 5 as the next digit of the answer. 
Result so far: 61086.625
Subtracting 40 from 40 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 10:
0 divided by 8 is 0 with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 61086.625
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.

On to step 11:
8 can be fit into 0 0 times, resulting in a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 61086.625
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.

The final result is 61086.625 with a remainder of 0.0.