We're dividing 127623 by 53 
Let's see how many times 53 fits into 127623.

Advancing to step 1:
When dividing 1 by 53, we get 0 with a remainder of 1.
Write down 0 as next digit of the result. 
Result so far: 0.0
Deduct 0 from 1 and we're left with 1.
Include the next digit (2) from the dividend after 1, then repeat: 12 / 53

Advancing to step 2:
If we divide 12 by 53, we get 0 and a remainder of 12.
Use 0 as the next digit of our solution. 
Result so far: 0.0
Subtract 0 from 12 to get 12.
Take the next digit (7) from the dividend and append it to 12, then repeat: 127 / 53

Moving on to step 3:
127 divided by 53 is 2 with a remainder of 21.
Use 2 as the next digit of our solution. 
Result so far: 2.0
Subtracting 106 from 127 leaves us with 21.
Include the next digit (6) from the dividend after 21, then repeat: 216 / 53

Let's proceed to step 4:
216 divided by 53 is 4 with a remainder of 4.
Write down 4 as next digit of the result. 
Result so far: 24.0
Deduct 212 from 216 and we're left with 4.
Bring next digit (2) of the dividend behind the 4 and repeat the process: 42 / 53

Step 5:
If we divide 42 by 53, we get 0 and a remainder of 42.
Write down 0 as next digit of the result. 
Result so far: 240.0
Subtracting 0 from 42 leaves us with 42.
Append the next digit (3) from the dividend to 42 and continue with: 423 / 53

Moving on to step 6:
53 goes into 423 7 times with a remainder of 52.
The number 7 becomes the next digit in our result. 
Result so far: 2407.0
Deduct 371 from 423 and we're left with 52.
Since there are no more digits in the dividend, we add a zero to the remainder making it 520, and continue the process.

Going ahead to step 7:
520 divided by 53 is 9 with a remainder of 43.
The next digit of our result is 9. 
Result so far: 2407.9
If we subtract 477 from 520, we get 43.
Since there are no more digits in the dividend, we add a zero to the remainder making it 430, and continue the process.

Moving on to step 8:
53 goes into 430 8 times with a remainder of 6.
Use 8 as the next digit of our solution. 
Result so far: 2407.98
If we take 424 away from 430, we end up with 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

Let's proceed to step 9:
53 goes into 60 1 times with a remainder of 7.
Record the quotient 1 as the next digit in the result. 
Result so far: 2407.981
If we take 53 away from 60, we end up with 7.
Since there are no more digits in the dividend, we add a zero to the remainder making it 70, and continue the process.

On to step 10:
When dividing 70 by 53, we get 1 with a remainder of 17.
Write down 1 as next digit of the result. 
Result so far: 2407.9811
Deduct 53 from 70 and we're left with 17.
Since there are no more digits in the dividend, we add a zero to the remainder making it 170, and continue the process.

The final outcome is 2407.9811, with a leftover of 0.00017.