We're dividing 122970 by 46 
We want to figure out the number of times 122970 can be divided by 46.

Moving on to step 1:
46 goes into 1 0 times with a remainder of 1.
The next digit of our result is 0. 
Result so far: 0.0
If we subtract 0 from 1, we get 1.
Include the next digit (2) from the dividend after 1, then repeat: 12 / 46

Step 2:
46 goes into 12 0 times with a remainder of 12.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Deduct 0 from 12 and we're left with 12.
Fetch the next digit (2) from the dividend, attach it to 12 and continue: 122 / 46

Moving on to step 3:
The number 46 fits into 122 2 times, leaving a remainder of 30.
Write down 2 as next digit of the result. 
Result so far: 2.0
The remainder is 30 after subtracting 92 from 122.
Take the next digit (9) from the dividend and append it to 30, then repeat: 309 / 46

Advancing to step 4:
46 goes into 309 6 times with a remainder of 33.
The number 6 becomes the next digit in our result. 
Result so far: 26.0
Subtracting 276 from 309 leaves us with 33.
Fetch the next digit (7) from the dividend, attach it to 33 and continue: 337 / 46

On to step 5:
46 can be fit into 337 7 times, resulting in a remainder of 15.
Use 7 as the next digit of our solution. 
Result so far: 267.0
If we take 322 away from 337, we end up with 15.
Append the next digit (0) from the dividend to 15 and continue with: 150 / 46

On to step 6:
46 goes into 150 3 times with a remainder of 12.
Write down 3 as next digit of the result. 
Result so far: 2673.0
If we subtract 138 from 150, we get 12.
Since there are no more digits in the dividend, we add a zero to the remainder making it 120, and continue the process.

Going ahead to step 7:
120 divided by 46 is 2 with a remainder of 28.
Put 2 as the next digit of the answer. 
Result so far: 2673.2
If we take 92 away from 120, we end up with 28.
Since there are no more digits in the dividend, we add a zero to the remainder making it 280, and continue the process.

Advancing to step 8:
The number 46 fits into 280 6 times, leaving a remainder of 4.
Use 6 as the next digit of our solution. 
Result so far: 2673.26
The remainder is 4 after subtracting 276 from 280.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

On to step 9:
If we divide 40 by 46, we get 0 and a remainder of 40.
Use 0 as the next digit of our solution. 
Result so far: 2673.26
The remainder is 40 after subtracting 0 from 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

Step 10:
If we divide 400 by 46, we get 8 and a remainder of 32.
Use 8 as the next digit of our solution. 
Result so far: 2673.2608
The remainder is 32 after subtracting 368 from 400.
Since there are no more digits in the dividend, we add a zero to the remainder making it 320, and continue the process.

Step 11:
When dividing 320 by 46, we get 6 with a remainder of 44.
The number 6 becomes the next digit in our result. 
Result so far: 2673.26086
If we take 276 away from 320, we end up with 44.
Since there are no more digits in the dividend, we add a zero to the remainder making it 440, and continue the process.

Moving on to step 12:
If we divide 440 by 46, we get 9 and a remainder of 26.
Use 9 as the next digit of our solution. 
Result so far: 2673.260869
Deduct 414 from 440 and we're left with 26.
Since there are no more digits in the dividend, we add a zero to the remainder making it 260, and continue the process.

Moving on to step 13:
When dividing 260 by 46, we get 5 with a remainder of 30.
The next digit of our result is 5. 
Result so far: 2673.2608695
Subtracting 230 from 260 leaves us with 30.
Since there are no more digits in the dividend, we add a zero to the remainder making it 300, and continue the process.

Moving on to step 14:
46 goes into 300 6 times with a remainder of 24.
The next digit of our result is 6. 
Result so far: 2673.26086956
If we take 276 away from 300, we end up with 24.
Since there are no more digits in the dividend, we add a zero to the remainder making it 240, and continue the process.

In conclusion, the division gives 2673.26086956 with a balance of 2.4e-08.