121877 ÷ 8 
We want to divide 121877 by 8.

Let's proceed to step 1:
1 divided by 8 is 0 with a remainder of 1.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Subtracting 0 from 1 leaves us with 1.
Fetch the next digit (2) from the dividend, attach it to 1 and continue: 12 / 8

On to step 2:
If we divide 12 by 8, we get 1 and a remainder of 4.
The number 1 becomes the next digit in our result. 
Result so far: 1.0
Deduct 8 from 12 and we're left with 4.
Include the next digit (1) from the dividend after 4, then repeat: 41 / 8

On to step 3:
If we divide 41 by 8, we get 5 and a remainder of 1.
The number 5 becomes the next digit in our result. 
Result so far: 15.0
If we take 40 away from 41, we end up with 1.
Bring next digit (8) of the dividend behind the 1 and repeat the process: 18 / 8

Step 4:
8 goes into 18 2 times with a remainder of 2.
Use 2 as the next digit of our solution. 
Result so far: 152.0
Subtract 16 from 18 to get 2.
Fetch the next digit (7) from the dividend, attach it to 2 and continue: 27 / 8

Step 5:
When dividing 27 by 8, we get 3 with a remainder of 3.
Put 3 as the next digit of the answer. 
Result so far: 1523.0
If we take 24 away from 27, we end up with 3.
Grab the next digit (7) from the dividend, add it to 3, then carry on: 37 / 8

Going ahead to step 6:
When dividing 37 by 8, we get 4 with a remainder of 5.
Write down 4 as next digit of the result. 
Result so far: 15234.0
If we subtract 32 from 37, we get 5.
Since there are no more digits in the dividend, we add a zero to the remainder making it 50, and continue the process.

Step 7:
50 divided by 8 is 6 with a remainder of 2.
The next digit of our result is 6. 
Result so far: 15234.6
If we subtract 48 from 50, we get 2.
Since there are no more digits in the dividend, we add a zero to the remainder making it 20, and continue the process.

On to step 8:
The number 8 fits into 20 2 times, leaving a remainder of 4.
Write down 2 as next digit of the result. 
Result so far: 15234.62
Deduct 16 from 20 and we're left with 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Moving on to step 9:
8 can be fit into 40 5 times, resulting in a remainder of 0.
The number 5 becomes the next digit in our result. 
Result so far: 15234.625
Subtract 40 from 40 to get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

On to step 10:
0 divided by 8 is 0 with a remainder of 0.
The next digit of our result is 0. 
Result so far: 15234.625
The remainder is 0 after subtracting 0 from 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Moving on to step 11:
0 divided by 8 is 0 with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 15234.625
Subtracting 0 from 0 leaves us with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

In conclusion, the division gives 15234.625 with a balance of 0.0.