126466 ÷ 547 
Our goal is to divide 126466 by 547.

On to step 1:
The number 547 fits into 1 0 times, leaving a remainder of 1.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Deduct 0 from 1 and we're left with 1.
Fetch the next digit (2) from the dividend, attach it to 1 and continue: 12 / 547

Going ahead to step 2:
547 goes into 12 0 times with a remainder of 12.
Write down 0 as next digit of the result. 
Result so far: 0.0
If we take 0 away from 12, we end up with 12.
Append the next digit (6) from the dividend to 12 and continue with: 126 / 547

Let's proceed to step 3:
547 goes into 126 0 times with a remainder of 126.
Use 0 as the next digit of our solution. 
Result so far: 0.0
If we subtract 0 from 126, we get 126.
Include the next digit (4) from the dividend after 126, then repeat: 1264 / 547

Moving on to step 4:
If we divide 1264 by 547, we get 2 and a remainder of 170.
The number 2 becomes the next digit in our result. 
Result so far: 2.0
The remainder is 170 after subtracting 1094 from 1264.
Fetch the next digit (6) from the dividend, attach it to 170 and continue: 1706 / 547

On to step 5:
If we divide 1706 by 547, we get 3 and a remainder of 65.
The number 3 becomes the next digit in our result. 
Result so far: 23.0
If we subtract 1641 from 1706, we get 65.
Bring next digit (6) of the dividend behind the 65 and repeat the process: 656 / 547

Going ahead to step 6:
656 divided by 547 is 1 with a remainder of 109.
Record the quotient 1 as the next digit in the result. 
Result so far: 231.0
If we subtract 547 from 656, we get 109.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1090, and continue the process.

On to step 7:
The number 547 fits into 1090 1 times, leaving a remainder of 543.
Use 1 as the next digit of our solution. 
Result so far: 231.1
If we subtract 547 from 1090, we get 543.
Since there are no more digits in the dividend, we add a zero to the remainder making it 5430, and continue the process.

Step 8:
5430 divided by 547 is 9 with a remainder of 507.
Use 9 as the next digit of our solution. 
Result so far: 231.19
Deduct 4923 from 5430 and we're left with 507.
Since there are no more digits in the dividend, we add a zero to the remainder making it 5070, and continue the process.

On to step 9:
547 goes into 5070 9 times with a remainder of 147.
The number 9 becomes the next digit in our result. 
Result so far: 231.199
The remainder is 147 after subtracting 4923 from 5070.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1470, and continue the process.

In conclusion, the division gives 231.199 with a balance of 0.0147.