We're dividing 29712754 by 120 
Let's see how many times 120 fits into 29712754.

Going ahead to step 1:
120 can be fit into 2 0 times, resulting in a remainder of 2.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Subtracting 0 from 2 leaves us with 2.
Bring next digit (9) of the dividend behind the 2 and repeat the process: 29 / 120

Moving on to step 2:
If we divide 29 by 120, we get 0 and a remainder of 29.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Deduct 0 from 29 and we're left with 29.
Take the next digit (7) from the dividend and append it to 29, then repeat: 297 / 120

Step 3:
297 divided by 120 is 2 with a remainder of 57.
Record the quotient 2 as the next digit in the result. 
Result so far: 2.0
If we take 240 away from 297, we end up with 57.
Grab the next digit (1) from the dividend, add it to 57, then carry on: 571 / 120

Advancing to step 4:
120 goes into 571 4 times with a remainder of 91.
Record the quotient 4 as the next digit in the result. 
Result so far: 24.0
Subtract 480 from 571 to get 91.
Grab the next digit (2) from the dividend, add it to 91, then carry on: 912 / 120

Advancing to step 5:
The number 120 fits into 912 7 times, leaving a remainder of 72.
The next digit of our result is 7. 
Result so far: 247.0
Subtracting 840 from 912 leaves us with 72.
Append the next digit (7) from the dividend to 72 and continue with: 727 / 120

Advancing to step 6:
120 goes into 727 6 times with a remainder of 7.
Write down 6 as next digit of the result. 
Result so far: 2476.0
If we take 720 away from 727, we end up with 7.
Fetch the next digit (5) from the dividend, attach it to 7 and continue: 75 / 120

Step 7:
120 goes into 75 0 times with a remainder of 75.
The number 0 becomes the next digit in our result. 
Result so far: 24760.0
Subtract 0 from 75 to get 75.
Include the next digit (4) from the dividend after 75, then repeat: 754 / 120

Let's proceed to step 8:
The number 120 fits into 754 6 times, leaving a remainder of 34.
The number 6 becomes the next digit in our result. 
Result so far: 247606.0
Subtracting 720 from 754 leaves us with 34.
Since there are no more digits in the dividend, we add a zero to the remainder making it 340, and continue the process.

Moving on to step 9:
120 can be fit into 340 2 times, resulting in a remainder of 100.
The next digit of our result is 2. 
Result so far: 247606.2
If we take 240 away from 340, we end up with 100.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1000, and continue the process.

Moving on to step 10:
120 goes into 1000 8 times with a remainder of 40.
Put 8 as the next digit of the answer. 
Result so far: 247606.28
If we take 960 away from 1000, we end up with 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

Going ahead to step 11:
120 can be fit into 400 3 times, resulting in a remainder of 40.
Write down 3 as next digit of the result. 
Result so far: 247606.283
If we take 360 away from 400, we end up with 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

Going ahead to step 12:
When dividing 400 by 120, we get 3 with a remainder of 40.
Write down 3 as next digit of the result. 
Result so far: 247606.2833
The remainder is 40 after subtracting 360 from 400.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

In conclusion, the division gives 247606.2833 with a balance of 0.0004.