We look at the division of 307426 by 8 
We're looking to find how many times 8 goes into 307426.

On to step 1:
8 can be fit into 3 0 times, resulting in a remainder of 3.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Deduct 0 from 3 and we're left with 3.
Include the next digit (0) from the dividend after 3, then repeat: 30 / 8

Step 2:
8 can be fit into 30 3 times, resulting in a remainder of 6.
Write down 3 as next digit of the result. 
Result so far: 3.0
Subtract 24 from 30 to get 6.
Fetch the next digit (7) from the dividend, attach it to 6 and continue: 67 / 8

Going ahead to step 3:
If we divide 67 by 8, we get 8 and a remainder of 3.
The number 8 becomes the next digit in our result. 
Result so far: 38.0
Deduct 64 from 67 and we're left with 3.
Grab the next digit (4) from the dividend, add it to 3, then carry on: 34 / 8

Going ahead to step 4:
8 can be fit into 34 4 times, resulting in a remainder of 2.
Use 4 as the next digit of our solution. 
Result so far: 384.0
Deduct 32 from 34 and we're left with 2.
Append the next digit (2) from the dividend to 2 and continue with: 22 / 8

On to step 5:
When dividing 22 by 8, we get 2 with a remainder of 6.
Record the quotient 2 as the next digit in the result. 
Result so far: 3842.0
Subtract 16 from 22 to get 6.
Fetch the next digit (6) from the dividend, attach it to 6 and continue: 66 / 8

Let's proceed to step 6:
66 divided by 8 is 8 with a remainder of 2.
Use 8 as the next digit of our solution. 
Result so far: 38428.0
If we take 64 away from 66, 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.

Going ahead to step 7:
The number 8 fits into 20 2 times, leaving a remainder of 4.
The number 2 becomes the next digit in our result. 
Result so far: 38428.2
If we take 16 away from 20, 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.

Step 8:
If we divide 40 by 8, we get 5 and a remainder of 0.
The number 5 becomes the next digit in our result. 
Result so far: 38428.25
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:
When dividing 0 by 8, we get 0 with a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 38428.25
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.

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: 38428.25
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.

The quotient of the division is 38428.25, and the remainder is 0.0.