10723 ÷ 8 = 1340 R3
Let's divide 10723 by 8.

Step 1:
8 goes into 1 0 times with a remainder of 1.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 1 to get 1.
Bring next digit (0) of the dividend behind the 1 and repeat the process: 10 / 8

Step 2:
8 goes into 10 1 times with a remainder of 2.
Write down 1 as next digit of of the result. 
Result so far: 1
Subtract 8 from 10 to get 2.
Bring next digit (7) of the dividend behind the 2 and repeat the process: 27 / 8

Step 3:
8 goes into 27 3 times with a remainder of 3.
Write down 3 as next digit of of the result. 
Result so far: 13
Subtract 24 from 27 to get 3.
Bring next digit (2) of the dividend behind the 3 and repeat the process: 32 / 8

Step 4:
8 goes into 32 4 times with a remainder of 0.
Write down 4 as next digit of of the result. 
Result so far: 134
Subtract 32 from 32 to get 0.
Bring next digit (3) of the dividend behind the 0 and repeat the process: 3 / 8

Step 5:
8 goes into 3 0 times with a remainder of 3.
Write down 0 as next digit of of the result. 
Result so far: 1340
Subtract 0 from 3 to get 3.

The final result is 1340 with a remainder of 3.