94340 divided by 8 
Let's see how many times 8 fits into 94340.

Moving on to step 1:
The number 8 fits into 9 1 times, leaving a remainder of 1.
The number 1 becomes the next digit in our result. 
Result so far: 1.0
The remainder is 1 after subtracting 8 from 9.
Include the next digit (4) from the dividend after 1, then repeat: 14 / 8

Moving on to step 2:
If we divide 14 by 8, we get 1 and a remainder of 6.
The next digit of our result is 1. 
Result so far: 11.0
If we take 8 away from 14, we end up with 6.
Grab the next digit (3) from the dividend, add it to 6, then carry on: 63 / 8

Advancing to step 3:
If we divide 63 by 8, we get 7 and a remainder of 7.
Record the quotient 7 as the next digit in the result. 
Result so far: 117.0
Subtract 56 from 63 to get 7.
Append the next digit (4) from the dividend to 7 and continue with: 74 / 8

Step 4:
74 divided by 8 is 9 with a remainder of 2.
Use 9 as the next digit of our solution. 
Result so far: 1179.0
Subtract 72 from 74 to get 2.
Take the next digit (0) from the dividend and append it to 2, then repeat: 20 / 8

Step 5:
20 divided by 8 is 2 with a remainder of 4.
Write down 2 as next digit of the result. 
Result so far: 11792.0
Subtract 16 from 20 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 6:
40 divided by 8 is 5 with a remainder of 0.
Use 5 as the next digit of our solution. 
Result so far: 11792.5
If we subtract 40 from 40, we 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 7:
8 can be fit into 0 0 times, resulting in a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 11792.5
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.

Let's proceed to step 8:
When dividing 0 by 8, we get 0 with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 11792.5
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.

In conclusion, the division gives 11792.5 with a balance of 0.0.