Let's divide 296723 by 70
We want to figure out the number of times 296723 can be divided by 70.

Advancing to step 1:
2 divided by 70 is 0 with a remainder of 2.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Subtracting 0 from 2 leaves us with 2.
Append the next digit (9) from the dividend to 2 and continue with: 29 / 70

Moving on to step 2:
70 goes into 29 0 times with a remainder of 29.
The next digit of our result is 0. 
Result so far: 0.0
Subtracting 0 from 29 leaves us with 29.
Grab the next digit (6) from the dividend, add it to 29, then carry on: 296 / 70

Going ahead to step 3:
The number 70 fits into 296 4 times, leaving a remainder of 16.
Write down 4 as next digit of the result. 
Result so far: 4.0
The remainder is 16 after subtracting 280 from 296.
Fetch the next digit (7) from the dividend, attach it to 16 and continue: 167 / 70

Step 4:
70 goes into 167 2 times with a remainder of 27.
Put 2 as the next digit of the answer. 
Result so far: 42.0
Subtract 140 from 167 to get 27.
Fetch the next digit (2) from the dividend, attach it to 27 and continue: 272 / 70

Going ahead to step 5:
If we divide 272 by 70, we get 3 and a remainder of 62.
The next digit of our result is 3. 
Result so far: 423.0
If we subtract 210 from 272, we get 62.
Grab the next digit (3) from the dividend, add it to 62, then carry on: 623 / 70

Advancing to step 6:
The number 70 fits into 623 8 times, leaving a remainder of 63.
Write down 8 as next digit of the result. 
Result so far: 4238.0
The remainder is 63 after subtracting 560 from 623.
Since there are no more digits in the dividend, we add a zero to the remainder making it 630, and continue the process.

Going ahead to step 7:
The number 70 fits into 630 9 times, leaving a remainder of 0.
Write down 9 as next digit of the result. 
Result so far: 4238.9
Deduct 630 from 630 and we're left 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.

On to step 8:
The number 70 fits into 0 0 times, leaving a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 4238.9
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 9:
The number 70 fits into 0 0 times, leaving a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 4238.9
Subtract 0 from 0 to 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.

In conclusion, the division gives 4238.9 with a balance of 0.0.