We're dividing 86846962 by 696 
We want to figure out the number of times 86846962 can be divided by 696.

On to step 1:
8 divided by 696 is 0 with a remainder of 8.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Subtracting 0 from 8 leaves us with 8.
Include the next digit (6) from the dividend after 8, then repeat: 86 / 696

Moving on to step 2:
When dividing 86 by 696, we get 0 with a remainder of 86.
Write down 0 as next digit of the result. 
Result so far: 0.0
If we subtract 0 from 86, we get 86.
Include the next digit (8) from the dividend after 86, then repeat: 868 / 696

Let's proceed to step 3:
The number 696 fits into 868 1 times, leaving a remainder of 172.
Record the quotient 1 as the next digit in the result. 
Result so far: 1.0
Subtract 696 from 868 to get 172.
Grab the next digit (4) from the dividend, add it to 172, then carry on: 1724 / 696

Going ahead to step 4:
696 can be fit into 1724 2 times, resulting in a remainder of 332.
Write down 2 as next digit of the result. 
Result so far: 12.0
If we subtract 1392 from 1724, we get 332.
Grab the next digit (6) from the dividend, add it to 332, then carry on: 3326 / 696

Let's proceed to step 5:
696 goes into 3326 4 times with a remainder of 542.
The next digit of our result is 4. 
Result so far: 124.0
Subtracting 2784 from 3326 leaves us with 542.
Bring next digit (9) of the dividend behind the 542 and repeat the process: 5429 / 696

Moving on to step 6:
If we divide 5429 by 696, we get 7 and a remainder of 557.
Use 7 as the next digit of our solution. 
Result so far: 1247.0
If we take 4872 away from 5429, we end up with 557.
Fetch the next digit (6) from the dividend, attach it to 557 and continue: 5576 / 696

Advancing to step 7:
5576 divided by 696 is 8 with a remainder of 8.
Record the quotient 8 as the next digit in the result. 
Result so far: 12478.0
The remainder is 8 after subtracting 5568 from 5576.
Bring next digit (2) of the dividend behind the 8 and repeat the process: 82 / 696

Let's proceed to step 8:
696 goes into 82 0 times with a remainder of 82.
Use 0 as the next digit of our solution. 
Result so far: 124780.0
If we take 0 away from 82, we end up with 82.
Since there are no more digits in the dividend, we add a zero to the remainder making it 820, and continue the process.

Step 9:
696 goes into 820 1 times with a remainder of 124.
The number 1 becomes the next digit in our result. 
Result so far: 124780.1
If we take 696 away from 820, we end up with 124.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1240, and continue the process.

Advancing to step 10:
1240 divided by 696 is 1 with a remainder of 544.
The number 1 becomes the next digit in our result. 
Result so far: 124780.11
The remainder is 544 after subtracting 696 from 1240.
Since there are no more digits in the dividend, we add a zero to the remainder making it 5440, and continue the process.

In conclusion, the division gives 124780.11 with a balance of 0.544.