701427 ÷ 54 
Our goal is to divide 701427 by 54.

Advancing to step 1:
The number 54 fits into 7 0 times, leaving a remainder of 7.
Put 0 as the next digit of the answer. 
Result so far: 0.0
The remainder is 7 after subtracting 0 from 7.
Include the next digit (0) from the dividend after 7, then repeat: 70 / 54

Step 2:
When dividing 70 by 54, we get 1 with a remainder of 16.
The number 1 becomes the next digit in our result. 
Result so far: 1.0
Deduct 54 from 70 and we're left with 16.
Append the next digit (1) from the dividend to 16 and continue with: 161 / 54

Moving on to step 3:
If we divide 161 by 54, we get 2 and a remainder of 53.
The next digit of our result is 2. 
Result so far: 12.0
Subtracting 108 from 161 leaves us with 53.
Bring next digit (4) of the dividend behind the 53 and repeat the process: 534 / 54

Step 4:
The number 54 fits into 534 9 times, leaving a remainder of 48.
The next digit of our result is 9. 
Result so far: 129.0
The remainder is 48 after subtracting 486 from 534.
Bring next digit (2) of the dividend behind the 48 and repeat the process: 482 / 54

Moving on to step 5:
54 can be fit into 482 8 times, resulting in a remainder of 50.
Put 8 as the next digit of the answer. 
Result so far: 1298.0
Subtracting 432 from 482 leaves us with 50.
Append the next digit (7) from the dividend to 50 and continue with: 507 / 54

Let's proceed to step 6:
54 goes into 507 9 times with a remainder of 21.
Put 9 as the next digit of the answer. 
Result so far: 12989.0
If we take 486 away from 507, we end up with 21.
Since there are no more digits in the dividend, we add a zero to the remainder making it 210, and continue the process.

Step 7:
When dividing 210 by 54, we get 3 with a remainder of 48.
Record the quotient 3 as the next digit in the result. 
Result so far: 12989.3
Deduct 162 from 210 and we're left with 48.
Since there are no more digits in the dividend, we add a zero to the remainder making it 480, and continue the process.

Advancing to step 8:
If we divide 480 by 54, we get 8 and a remainder of 48.
Record the quotient 8 as the next digit in the result. 
Result so far: 12989.38
If we subtract 432 from 480, we get 48.
Since there are no more digits in the dividend, we add a zero to the remainder making it 480, and continue the process.

Going ahead to step 9:
54 can be fit into 480 8 times, resulting in a remainder of 48.
Record the quotient 8 as the next digit in the result. 
Result so far: 12989.388
If we subtract 432 from 480, we get 48.
Since there are no more digits in the dividend, we add a zero to the remainder making it 480, and continue the process.

Our division results in 12989.388 with a remaining 0.0048.