We're dividing 120948 by 62 
We're looking to find how many times 62 goes into 120948.

On to step 1:
The number 62 fits into 1 0 times, leaving a remainder of 1.
Write down 0 as next digit of the result. 
Result so far: 0.0
Subtract 0 from 1 to get 1.
Grab the next digit (2) from the dividend, add it to 1, then carry on: 12 / 62

Step 2:
If we divide 12 by 62, we get 0 and a remainder of 12.
Put 0 as the next digit of the answer. 
Result so far: 0.0
If we subtract 0 from 12, we get 12.
Bring next digit (0) of the dividend behind the 12 and repeat the process: 120 / 62

Moving on to step 3:
62 can be fit into 120 1 times, resulting in a remainder of 58.
Record the quotient 1 as the next digit in the result. 
Result so far: 1.0
The remainder is 58 after subtracting 62 from 120.
Bring next digit (9) of the dividend behind the 58 and repeat the process: 589 / 62

Step 4:
The number 62 fits into 589 9 times, leaving a remainder of 31.
Use 9 as the next digit of our solution. 
Result so far: 19.0
Deduct 558 from 589 and we're left with 31.
Grab the next digit (4) from the dividend, add it to 31, then carry on: 314 / 62

Advancing to step 5:
62 goes into 314 5 times with a remainder of 4.
Write down 5 as next digit of the result. 
Result so far: 195.0
If we take 310 away from 314, we end up with 4.
Take the next digit (8) from the dividend and append it to 4, then repeat: 48 / 62

Let's proceed to step 6:
If we divide 48 by 62, we get 0 and a remainder of 48.
Put 0 as the next digit of the answer. 
Result so far: 1950.0
Subtract 0 from 48 to get 48.
Since there are no more digits in the dividend, we add a zero to the remainder making it 480, and continue the process.

Let's proceed to step 7:
When dividing 480 by 62, we get 7 with a remainder of 46.
The next digit of our result is 7. 
Result so far: 1950.7
Deduct 434 from 480 and we're left with 46.
Since there are no more digits in the dividend, we add a zero to the remainder making it 460, and continue the process.

Step 8:
62 can be fit into 460 7 times, resulting in a remainder of 26.
The next digit of our result is 7. 
Result so far: 1950.77
Deduct 434 from 460 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.

Our division results in 1950.77 with a remaining 0.026.