We look at the division of 538501 by 12 
Let's see how many times 12 fits into 538501.

Let's proceed to step 1:
12 can be fit into 5 0 times, resulting in a remainder of 5.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 5 after subtracting 0 from 5.
Grab the next digit (3) from the dividend, add it to 5, then carry on: 53 / 12

Step 2:
53 divided by 12 is 4 with a remainder of 5.
The next digit of our result is 4. 
Result so far: 4.0
Deduct 48 from 53 and we're left with 5.
Include the next digit (8) from the dividend after 5, then repeat: 58 / 12

On to step 3:
If we divide 58 by 12, we get 4 and a remainder of 10.
The next digit of our result is 4. 
Result so far: 44.0
If we subtract 48 from 58, we get 10.
Take the next digit (5) from the dividend and append it to 10, then repeat: 105 / 12

On to step 4:
When dividing 105 by 12, we get 8 with a remainder of 9.
Put 8 as the next digit of the answer. 
Result so far: 448.0
Deduct 96 from 105 and we're left with 9.
Take the next digit (0) from the dividend and append it to 9, then repeat: 90 / 12

Advancing to step 5:
If we divide 90 by 12, we get 7 and a remainder of 6.
Use 7 as the next digit of our solution. 
Result so far: 4487.0
If we subtract 84 from 90, we get 6.
Take the next digit (1) from the dividend and append it to 6, then repeat: 61 / 12

Going ahead to step 6:
12 can be fit into 61 5 times, resulting in a remainder of 1.
Write down 5 as next digit of the result. 
Result so far: 44875.0
The remainder is 1 after subtracting 60 from 61.
Since there are no more digits in the dividend, we add a zero to the remainder making it 10, and continue the process.

Going ahead to step 7:
12 can be fit into 10 0 times, resulting in a remainder of 10.
Write down 0 as next digit of the result. 
Result so far: 44875.0
Subtracting 0 from 10 leaves us with 10.
Since there are no more digits in the dividend, we add a zero to the remainder making it 100, and continue the process.

Advancing to step 8:
When dividing 100 by 12, we get 8 with a remainder of 4.
The number 8 becomes the next digit in our result. 
Result so far: 44875.08
Subtracting 96 from 100 leaves us 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.

Let's proceed to step 9:
12 can be fit into 40 3 times, resulting in a remainder of 4.
Record the quotient 3 as the next digit in the result. 
Result so far: 44875.083
Subtracting 36 from 40 leaves us 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.

Going ahead to step 10:
12 can be fit into 40 3 times, resulting in a remainder of 4.
The next digit of our result is 3. 
Result so far: 44875.0833
The remainder is 4 after subtracting 36 from 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

In conclusion, the division gives 44875.0833 with a balance of 4e-05.