Let's divide 120937 by 48
Let's see how many times 48 fits into 120937.

Going ahead to step 1:
The number 48 fits into 1 0 times, leaving a remainder of 1.
Write down 0 as next digit of the result. 
Result so far: 0.0
Deduct 0 from 1 and we're left with 1.
Append the next digit (2) from the dividend to 1 and continue with: 12 / 48

Moving on to step 2:
12 divided by 48 is 0 with a remainder of 12.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 12 after subtracting 0 from 12.
Append the next digit (0) from the dividend to 12 and continue with: 120 / 48

On to step 3:
48 goes into 120 2 times with a remainder of 24.
The next digit of our result is 2. 
Result so far: 2.0
The remainder is 24 after subtracting 96 from 120.
Fetch the next digit (9) from the dividend, attach it to 24 and continue: 249 / 48

Going ahead to step 4:
The number 48 fits into 249 5 times, leaving a remainder of 9.
Record the quotient 5 as the next digit in the result. 
Result so far: 25.0
Subtracting 240 from 249 leaves us with 9.
Include the next digit (3) from the dividend after 9, then repeat: 93 / 48

Advancing to step 5:
93 divided by 48 is 1 with a remainder of 45.
Record the quotient 1 as the next digit in the result. 
Result so far: 251.0
Subtract 48 from 93 to get 45.
Grab the next digit (7) from the dividend, add it to 45, then carry on: 457 / 48

On to step 6:
If we divide 457 by 48, we get 9 and a remainder of 25.
The next digit of our result is 9. 
Result so far: 2519.0
Subtract 432 from 457 to get 25.
Since there are no more digits in the dividend, we add a zero to the remainder making it 250, and continue the process.

Step 7:
48 can be fit into 250 5 times, resulting in a remainder of 10.
Record the quotient 5 as the next digit in the result. 
Result so far: 2519.5
If we take 240 away from 250, we end up 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.

Step 8:
48 goes into 100 2 times with a remainder of 4.
Write down 2 as next digit of the result. 
Result so far: 2519.52
If we subtract 96 from 100, we 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.

Step 9:
When dividing 40 by 48, we get 0 with a remainder of 40.
Use 0 as the next digit of our solution. 
Result so far: 2519.52
Subtracting 0 from 40 leaves us with 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

Going ahead to step 10:
The number 48 fits into 400 8 times, leaving a remainder of 16.
Write down 8 as next digit of the result. 
Result so far: 2519.5208
If we take 384 away from 400, we end up with 16.
Since there are no more digits in the dividend, we add a zero to the remainder making it 160, and continue the process.

Step 11:
If we divide 160 by 48, we get 3 and a remainder of 16.
The next digit of our result is 3. 
Result so far: 2519.52083
If we take 144 away from 160, we end up with 16.
Since there are no more digits in the dividend, we add a zero to the remainder making it 160, and continue the process.

Step 12:
48 can be fit into 160 3 times, resulting in a remainder of 16.
Record the quotient 3 as the next digit in the result. 
Result so far: 2519.520833
Deduct 144 from 160 and we're left with 16.
Since there are no more digits in the dividend, we add a zero to the remainder making it 160, and continue the process.

In conclusion, the division gives 2519.520833 with a balance of 1.6e-06.