We're dividing 112463 by 53 
We want to divide 112463 by 53.

Moving on to step 1:
The number 53 fits into 1 0 times, leaving a remainder of 1.
The next digit of our result is 0. 
Result so far: 0.0
If we take 0 away from 1, we end up with 1.
Grab the next digit (1) from the dividend, add it to 1, then carry on: 11 / 53

Going ahead to step 2:
The number 53 fits into 11 0 times, leaving a remainder of 11.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Subtract 0 from 11 to get 11.
Bring next digit (2) of the dividend behind the 11 and repeat the process: 112 / 53

Going ahead to step 3:
53 goes into 112 2 times with a remainder of 6.
Record the quotient 2 as the next digit in the result. 
Result so far: 2.0
Subtracting 106 from 112 leaves us with 6.
Bring next digit (4) of the dividend behind the 6 and repeat the process: 64 / 53

Step 4:
64 divided by 53 is 1 with a remainder of 11.
Write down 1 as next digit of the result. 
Result so far: 21.0
If we take 53 away from 64, we end up with 11.
Bring next digit (6) of the dividend behind the 11 and repeat the process: 116 / 53

Step 5:
53 can be fit into 116 2 times, resulting in a remainder of 10.
Put 2 as the next digit of the answer. 
Result so far: 212.0
If we take 106 away from 116, we end up with 10.
Bring next digit (3) of the dividend behind the 10 and repeat the process: 103 / 53

Going ahead to step 6:
The number 53 fits into 103 1 times, leaving a remainder of 50.
Write down 1 as next digit of the result. 
Result so far: 2121.0
If we subtract 53 from 103, we get 50.
Since there are no more digits in the dividend, we add a zero to the remainder making it 500, and continue the process.

Advancing to step 7:
53 goes into 500 9 times with a remainder of 23.
Put 9 as the next digit of the answer. 
Result so far: 2121.9
Deduct 477 from 500 and we're left with 23.
Since there are no more digits in the dividend, we add a zero to the remainder making it 230, and continue the process.

Going ahead to step 8:
When dividing 230 by 53, we get 4 with a remainder of 18.
Record the quotient 4 as the next digit in the result. 
Result so far: 2121.94
Subtract 212 from 230 to get 18.
Since there are no more digits in the dividend, we add a zero to the remainder making it 180, and continue the process.

On to step 9:
If we divide 180 by 53, we get 3 and a remainder of 21.
The number 3 becomes the next digit in our result. 
Result so far: 2121.943
Subtracting 159 from 180 leaves us 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 10:
53 can be fit into 210 3 times, resulting in a remainder of 51.
Write down 3 as next digit of the result. 
Result so far: 2121.9433
If we subtract 159 from 210, we get 51.
Since there are no more digits in the dividend, we add a zero to the remainder making it 510, and continue the process.

In conclusion, the division gives 2121.9433 with a balance of 0.00051.