We look at the division of 58536161 by 503 
Our goal is to divide 58536161 by 503.

Let's proceed to step 1:
503 goes into 5 0 times with a remainder of 5.
Use 0 as the next digit of our solution. 
Result so far: 0.0
The remainder is 5 after subtracting 0 from 5.
Bring next digit (8) of the dividend behind the 5 and repeat the process: 58 / 503

Let's proceed to step 2:
58 divided by 503 is 0 with a remainder of 58.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
The remainder is 58 after subtracting 0 from 58.
Take the next digit (5) from the dividend and append it to 58, then repeat: 585 / 503

Going ahead to step 3:
503 can be fit into 585 1 times, resulting in a remainder of 82.
Write down 1 as next digit of the result. 
Result so far: 1.0
If we take 503 away from 585, we end up with 82.
Fetch the next digit (3) from the dividend, attach it to 82 and continue: 823 / 503

Advancing to step 4:
503 goes into 823 1 times with a remainder of 320.
Write down 1 as next digit of the result. 
Result so far: 11.0
If we take 503 away from 823, we end up with 320.
Take the next digit (6) from the dividend and append it to 320, then repeat: 3206 / 503

On to step 5:
503 can be fit into 3206 6 times, resulting in a remainder of 188.
Record the quotient 6 as the next digit in the result. 
Result so far: 116.0
The remainder is 188 after subtracting 3018 from 3206.
Append the next digit (1) from the dividend to 188 and continue with: 1881 / 503

Let's proceed to step 6:
1881 divided by 503 is 3 with a remainder of 372.
Record the quotient 3 as the next digit in the result. 
Result so far: 1163.0
The remainder is 372 after subtracting 1509 from 1881.
Bring next digit (6) of the dividend behind the 372 and repeat the process: 3726 / 503

Step 7:
503 can be fit into 3726 7 times, resulting in a remainder of 205.
Put 7 as the next digit of the answer. 
Result so far: 11637.0
If we subtract 3521 from 3726, we get 205.
Append the next digit (1) from the dividend to 205 and continue with: 2051 / 503

Let's proceed to step 8:
When dividing 2051 by 503, we get 4 with a remainder of 39.
Put 4 as the next digit of the answer. 
Result so far: 116374.0
Subtract 2012 from 2051 to get 39.
Since there are no more digits in the dividend, we add a zero to the remainder making it 390, and continue the process.

On to step 9:
503 can be fit into 390 0 times, resulting in a remainder of 390.
The number 0 becomes the next digit in our result. 
Result so far: 116374.0
If we take 0 away from 390, we end up with 390.
Since there are no more digits in the dividend, we add a zero to the remainder making it 3900, and continue the process.

On to step 10:
503 goes into 3900 7 times with a remainder of 379.
Write down 7 as next digit of the result. 
Result so far: 116374.07
The remainder is 379 after subtracting 3521 from 3900.
Since there are no more digits in the dividend, we add a zero to the remainder making it 3790, and continue the process.

Going ahead to step 11:
3790 divided by 503 is 7 with a remainder of 269.
Use 7 as the next digit of our solution. 
Result so far: 116374.077
Deduct 3521 from 3790 and we're left with 269.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2690, and continue the process.

In conclusion, the division gives 116374.077 with a balance of 0.0269.