Let's divide 124503 by 62
We're looking to find how many times 62 goes into 124503.

Step 1:
62 goes into 1 0 times with a remainder of 1.
Write down 0 as next digit of the result. 
Result so far: 0.0
The remainder is 1 after subtracting 0 from 1.
Include the next digit (2) from the dividend after 1, then repeat: 12 / 62

Moving on to step 2:
12 divided by 62 is 0 with a remainder of 12.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Subtracting 0 from 12 leaves us with 12.
Append the next digit (4) from the dividend to 12 and continue with: 124 / 62

Let's proceed to step 3:
When dividing 124 by 62, we get 2 with a remainder of 0.
Record the quotient 2 as the next digit in the result. 
Result so far: 2.0
Subtracting 124 from 124 leaves us with 0.
Include the next digit (5) from the dividend after 0, then repeat: 5 / 62

Let's proceed to step 4:
If we divide 5 by 62, we get 0 and a remainder of 5.
The next digit of our result is 0. 
Result so far: 20.0
If we subtract 0 from 5, we get 5.
Append the next digit (0) from the dividend to 5 and continue with: 50 / 62

On to step 5:
62 can be fit into 50 0 times, resulting in a remainder of 50.
Write down 0 as next digit of the result. 
Result so far: 200.0
Deduct 0 from 50 and we're left with 50.
Take the next digit (3) from the dividend and append it to 50, then repeat: 503 / 62

Advancing to step 6:
62 goes into 503 8 times with a remainder of 7.
Record the quotient 8 as the next digit in the result. 
Result so far: 2008.0
If we subtract 496 from 503, we get 7.
Since there are no more digits in the dividend, we add a zero to the remainder making it 70, and continue the process.

Step 7:
If we divide 70 by 62, we get 1 and a remainder of 8.
Put 1 as the next digit of the answer. 
Result so far: 2008.1
If we take 62 away from 70, we end up with 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

Advancing to step 8:
80 divided by 62 is 1 with a remainder of 18.
Write down 1 as next digit of the result. 
Result so far: 2008.11
The remainder is 18 after subtracting 62 from 80.
Since there are no more digits in the dividend, we add a zero to the remainder making it 180, and continue the process.

After the division, we end up with 2008.11 and a remainder of 0.018.