We're dividing 29922426 by 240 
Our goal is to divide 29922426 by 240.

Advancing to step 1:
2 divided by 240 is 0 with a remainder of 2.
Write down 0 as next digit of the result. 
Result so far: 0.0
Subtracting 0 from 2 leaves us with 2.
Take the next digit (9) from the dividend and append it to 2, then repeat: 29 / 240

Step 2:
The number 240 fits into 29 0 times, leaving a remainder of 29.
Put 0 as the next digit of the answer. 
Result so far: 0.0
If we subtract 0 from 29, we get 29.
Take the next digit (9) from the dividend and append it to 29, then repeat: 299 / 240

On to step 3:
If we divide 299 by 240, we get 1 and a remainder of 59.
Use 1 as the next digit of our solution. 
Result so far: 1.0
Deduct 240 from 299 and we're left with 59.
Append the next digit (2) from the dividend to 59 and continue with: 592 / 240

Going ahead to step 4:
When dividing 592 by 240, we get 2 with a remainder of 112.
Record the quotient 2 as the next digit in the result. 
Result so far: 12.0
If we take 480 away from 592, we end up with 112.
Include the next digit (2) from the dividend after 112, then repeat: 1122 / 240

On to step 5:
240 goes into 1122 4 times with a remainder of 162.
Use 4 as the next digit of our solution. 
Result so far: 124.0
Subtracting 960 from 1122 leaves us with 162.
Append the next digit (4) from the dividend to 162 and continue with: 1624 / 240

Let's proceed to step 6:
When dividing 1624 by 240, we get 6 with a remainder of 184.
The number 6 becomes the next digit in our result. 
Result so far: 1246.0
If we take 1440 away from 1624, we end up with 184.
Fetch the next digit (2) from the dividend, attach it to 184 and continue: 1842 / 240

Going ahead to step 7:
1842 divided by 240 is 7 with a remainder of 162.
The number 7 becomes the next digit in our result. 
Result so far: 12467.0
Subtract 1680 from 1842 to get 162.
Take the next digit (6) from the dividend and append it to 162, then repeat: 1626 / 240

Moving on to step 8:
240 can be fit into 1626 6 times, resulting in a remainder of 186.
Record the quotient 6 as the next digit in the result. 
Result so far: 124676.0
The remainder is 186 after subtracting 1440 from 1626.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1860, and continue the process.

On to step 9:
The number 240 fits into 1860 7 times, leaving a remainder of 180.
The next digit of our result is 7. 
Result so far: 124676.7
If we subtract 1680 from 1860, we get 180.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1800, and continue the process.

Let's proceed to step 10:
240 can be fit into 1800 7 times, resulting in a remainder of 120.
Record the quotient 7 as the next digit in the result. 
Result so far: 124676.77
Deduct 1680 from 1800 and we're left with 120.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1200, and continue the process.

In conclusion, the division gives 124676.77 with a balance of 0.12.