We're dividing 966347 by 8 
We want to figure out the number of times 966347 can be divided by 8.

Going ahead to step 1:
The number 8 fits into 9 1 times, leaving a remainder of 1.
Record the quotient 1 as the next digit in the result. 
Result so far: 1.0
If we take 8 away from 9, we end up with 1.
Append the next digit (6) from the dividend to 1 and continue with: 16 / 8

On to step 2:
The number 8 fits into 16 2 times, leaving a remainder of 0.
Use 2 as the next digit of our solution. 
Result so far: 12.0
Deduct 16 from 16 and we're left with 0.
Fetch the next digit (6) from the dividend, attach it to 0 and continue: 6 / 8

Going ahead to step 3:
The number 8 fits into 6 0 times, leaving a remainder of 6.
Use 0 as the next digit of our solution. 
Result so far: 120.0
Deduct 0 from 6 and we're left with 6.
Fetch the next digit (3) from the dividend, attach it to 6 and continue: 63 / 8

Advancing to step 4:
63 divided by 8 is 7 with a remainder of 7.
Write down 7 as next digit of the result. 
Result so far: 1207.0
Deduct 56 from 63 and we're left with 7.
Fetch the next digit (4) from the dividend, attach it to 7 and continue: 74 / 8

Advancing to step 5:
If we divide 74 by 8, we get 9 and a remainder of 2.
Record the quotient 9 as the next digit in the result. 
Result so far: 12079.0
The remainder is 2 after subtracting 72 from 74.
Bring next digit (7) of the dividend behind the 2 and repeat the process: 27 / 8

On to step 6:
8 goes into 27 3 times with a remainder of 3.
The next digit of our result is 3. 
Result so far: 120793.0
Subtract 24 from 27 to get 3.
Since there are no more digits in the dividend, we add a zero to the remainder making it 30, and continue the process.

Moving on to step 7:
If we divide 30 by 8, we get 3 and a remainder of 6.
The next digit of our result is 3. 
Result so far: 120793.3
The remainder is 6 after subtracting 24 from 30.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

Let's proceed to step 8:
When dividing 60 by 8, we get 7 with a remainder of 4.
The next digit of our result is 7. 
Result so far: 120793.37
Subtracting 56 from 60 leaves us with 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Going ahead to step 9:
When dividing 40 by 8, we get 5 with a remainder of 0.
Record the quotient 5 as the next digit in the result. 
Result so far: 120793.375
Deduct 40 from 40 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.

Going ahead to step 10:
8 can be fit into 0 0 times, resulting in a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 120793.375
The remainder is 0 after subtracting 0 from 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Step 11:
If we divide 0 by 8, we get 0 and a remainder of 0.
The next digit of our result is 0. 
Result so far: 120793.375
If we take 0 away from 0, we end up 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.

In conclusion, the division gives 120793.375 with a balance of 0.0.