We're dividing 744420 by 62 
We want to figure out the number of times 744420 can be divided by 62.

Going ahead to step 1:
7 divided by 62 is 0 with a remainder of 7.
The next digit of our result is 0. 
Result so far: 0.0
If we take 0 away from 7, we end up with 7.
Include the next digit (4) from the dividend after 7, then repeat: 74 / 62

Advancing to step 2:
If we divide 74 by 62, we get 1 and a remainder of 12.
The number 1 becomes the next digit in our result. 
Result so far: 1.0
Deduct 62 from 74 and we're left with 12.
Bring next digit (4) of the dividend behind the 12 and repeat the process: 124 / 62

On to step 3:
62 goes into 124 2 times with a remainder of 0.
The number 2 becomes the next digit in our result. 
Result so far: 12.0
The remainder is 0 after subtracting 124 from 124.
Fetch the next digit (4) from the dividend, attach it to 0 and continue: 4 / 62

Step 4:
62 goes into 4 0 times with a remainder of 4.
Write down 0 as next digit of the result. 
Result so far: 120.0
Subtract 0 from 4 to get 4.
Take the next digit (2) from the dividend and append it to 4, then repeat: 42 / 62

Let's proceed to step 5:
62 goes into 42 0 times with a remainder of 42.
The next digit of our result is 0. 
Result so far: 1200.0
Deduct 0 from 42 and we're left with 42.
Bring next digit (0) of the dividend behind the 42 and repeat the process: 420 / 62

On to step 6:
62 can be fit into 420 6 times, resulting in a remainder of 48.
The number 6 becomes the next digit in our result. 
Result so far: 12006.0
Deduct 372 from 420 and we're left with 48.
Since there are no more digits in the dividend, we add a zero to the remainder making it 480, and continue the process.

Going ahead to step 7:
480 divided by 62 is 7 with a remainder of 46.
The number 7 becomes the next digit in our result. 
Result so far: 12006.7
Subtracting 434 from 480 leaves us 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:
When dividing 460 by 62, we get 7 with a remainder of 26.
The number 7 becomes the next digit in our result. 
Result so far: 12006.77
Subtracting 434 from 460 leaves us 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.

In conclusion, the division gives 12006.77 with a balance of 0.026.