We look at the division of 240388 by 50 
We want to figure out the number of times 240388 can be divided by 50.

Step 1:
2 divided by 50 is 0 with a remainder of 2.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
If we subtract 0 from 2, we get 2.
Bring next digit (4) of the dividend behind the 2 and repeat the process: 24 / 50

Let's proceed to step 2:
50 can be fit into 24 0 times, resulting in a remainder of 24.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
If we subtract 0 from 24, we get 24.
Fetch the next digit (0) from the dividend, attach it to 24 and continue: 240 / 50

Going ahead to step 3:
240 divided by 50 is 4 with a remainder of 40.
The next digit of our result is 4. 
Result so far: 4.0
Subtract 200 from 240 to get 40.
Fetch the next digit (3) from the dividend, attach it to 40 and continue: 403 / 50

Advancing to step 4:
50 goes into 403 8 times with a remainder of 3.
Record the quotient 8 as the next digit in the result. 
Result so far: 48.0
Deduct 400 from 403 and we're left with 3.
Take the next digit (8) from the dividend and append it to 3, then repeat: 38 / 50

On to step 5:
50 goes into 38 0 times with a remainder of 38.
Record the quotient 0 as the next digit in the result. 
Result so far: 480.0
If we take 0 away from 38, we end up with 38.
Fetch the next digit (8) from the dividend, attach it to 38 and continue: 388 / 50

Going ahead to step 6:
388 divided by 50 is 7 with a remainder of 38.
Record the quotient 7 as the next digit in the result. 
Result so far: 4807.0
The remainder is 38 after subtracting 350 from 388.
Since there are no more digits in the dividend, we add a zero to the remainder making it 380, and continue the process.

Let's proceed to step 7:
When dividing 380 by 50, we get 7 with a remainder of 30.
The number 7 becomes the next digit in our result. 
Result so far: 4807.7
If we subtract 350 from 380, we get 30.
Since there are no more digits in the dividend, we add a zero to the remainder making it 300, and continue the process.

Going ahead to step 8:
The number 50 fits into 300 6 times, leaving a remainder of 0.
Put 6 as the next digit of the answer. 
Result so far: 4807.76
If we take 300 away from 300, we end up 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.

On to step 9:
0 divided by 50 is 0 with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 4807.76
Deduct 0 from 0 and we're left 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.

Moving on to step 10:
50 goes into 0 0 times with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 4807.76
Subtract 0 from 0 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.

In conclusion, the division gives 4807.76 with a balance of 0.0.