We're dividing 120726 by 8 
Our goal is to divide 120726 by 8.

Moving on to step 1:
8 can be fit into 1 0 times, resulting in a remainder of 1.
Use 0 as the next digit of our solution. 
Result so far: 0.0
If we take 0 away from 1, we end up with 1.
Fetch the next digit (2) from the dividend, attach it to 1 and continue: 12 / 8

Step 2:
If we divide 12 by 8, we get 1 and a remainder of 4.
Record the quotient 1 as the next digit in the result. 
Result so far: 1.0
Subtract 8 from 12 to get 4.
Grab the next digit (0) from the dividend, add it to 4, then carry on: 40 / 8

Advancing to step 3:
40 divided by 8 is 5 with a remainder of 0.
Use 5 as the next digit of our solution. 
Result so far: 15.0
The remainder is 0 after subtracting 40 from 40.
Grab the next digit (7) from the dividend, add it to 0, then carry on: 7 / 8

Advancing to step 4:
8 can be fit into 7 0 times, resulting in a remainder of 7.
The next digit of our result is 0. 
Result so far: 150.0
The remainder is 7 after subtracting 0 from 7.
Bring next digit (2) of the dividend behind the 7 and repeat the process: 72 / 8

Moving on to step 5:
When dividing 72 by 8, we get 9 with a remainder of 0.
Put 9 as the next digit of the answer. 
Result so far: 1509.0
Subtracting 72 from 72 leaves us with 0.
Append the next digit (6) from the dividend to 0 and continue with: 6 / 8

Let's proceed to step 6:
If we divide 6 by 8, we get 0 and a remainder of 6.
The next digit of our result is 0. 
Result so far: 15090.0
If we subtract 0 from 6, we get 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

On to step 7:
When dividing 60 by 8, we get 7 with a remainder of 4.
Use 7 as the next digit of our solution. 
Result so far: 15090.7
If we take 56 away from 60, we end up with 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Let's proceed to step 8:
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: 15090.75
Deduct 40 from 40 and we're left 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 9:
If we divide 0 by 8, we get 0 and a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 15090.75
Subtracting 0 from 0 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.

Let's proceed to step 10:
8 goes into 0 0 times with a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 15090.75
If we subtract 0 from 0, we get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Our division results in 15090.75 with a remaining 0.0.