We're dividing 242316 by 8 
We're looking to find how many times 8 goes into 242316.

Moving on to step 1:
If we divide 2 by 8, we get 0 and a remainder of 2.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Deduct 0 from 2 and we're left with 2.
Include the next digit (4) from the dividend after 2, then repeat: 24 / 8

Going ahead to step 2:
When dividing 24 by 8, we get 3 with a remainder of 0.
Put 3 as the next digit of the answer. 
Result so far: 3.0
If we subtract 24 from 24, we get 0.
Grab the next digit (2) from the dividend, add it to 0, then carry on: 2 / 8

Let's proceed to step 3:
8 goes into 2 0 times with a remainder of 2.
Write down 0 as next digit of the result. 
Result so far: 30.0
If we take 0 away from 2, we end up with 2.
Append the next digit (3) from the dividend to 2 and continue with: 23 / 8

Moving on to step 4:
When dividing 23 by 8, we get 2 with a remainder of 7.
Write down 2 as next digit of the result. 
Result so far: 302.0
Deduct 16 from 23 and we're left with 7.
Include the next digit (1) from the dividend after 7, then repeat: 71 / 8

Going ahead to step 5:
8 goes into 71 8 times with a remainder of 7.
The next digit of our result is 8. 
Result so far: 3028.0
If we take 64 away from 71, we end up with 7.
Bring next digit (6) of the dividend behind the 7 and repeat the process: 76 / 8

Advancing to step 6:
The number 8 fits into 76 9 times, leaving a remainder of 4.
Write down 9 as next digit of the result. 
Result so far: 30289.0
Subtract 72 from 76 to get 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Advancing to step 7:
When dividing 40 by 8, we get 5 with a remainder of 0.
Write down 5 as next digit of the result. 
Result so far: 30289.5
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.

Step 8:
The number 8 fits into 0 0 times, leaving a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 30289.5
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.

Let's proceed to step 9:
8 can be fit into 0 0 times, resulting in a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 30289.5
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.

Our division results in 30289.5 with a remaining 0.0.