We divide 506788 by 29
We want to figure out the number of times 506788 can be divided by 29.

On to step 1:
When dividing 5 by 29, we get 0 with a remainder of 5.
Use 0 as the next digit of our solution. 
Result so far: 0.0
Deduct 0 from 5 and we're left with 5.
Take the next digit (0) from the dividend and append it to 5, then repeat: 50 / 29

On to step 2:
When dividing 50 by 29, we get 1 with a remainder of 21.
Use 1 as the next digit of our solution. 
Result so far: 1.0
If we subtract 29 from 50, we get 21.
Append the next digit (6) from the dividend to 21 and continue with: 216 / 29

Moving on to step 3:
216 divided by 29 is 7 with a remainder of 13.
Put 7 as the next digit of the answer. 
Result so far: 17.0
If we subtract 203 from 216, we get 13.
Include the next digit (7) from the dividend after 13, then repeat: 137 / 29

Advancing to step 4:
If we divide 137 by 29, we get 4 and a remainder of 21.
Put 4 as the next digit of the answer. 
Result so far: 174.0
If we subtract 116 from 137, we get 21.
Include the next digit (8) from the dividend after 21, then repeat: 218 / 29

Let's proceed to step 5:
When dividing 218 by 29, we get 7 with a remainder of 15.
Write down 7 as next digit of the result. 
Result so far: 1747.0
Subtract 203 from 218 to get 15.
Fetch the next digit (8) from the dividend, attach it to 15 and continue: 158 / 29

Step 6:
158 divided by 29 is 5 with a remainder of 13.
Record the quotient 5 as the next digit in the result. 
Result so far: 17475.0
Subtract 145 from 158 to get 13.
Since there are no more digits in the dividend, we add a zero to the remainder making it 130, and continue the process.

On to step 7:
29 goes into 130 4 times with a remainder of 14.
The next digit of our result is 4. 
Result so far: 17475.4
Subtract 116 from 130 to get 14.
Since there are no more digits in the dividend, we add a zero to the remainder making it 140, and continue the process.

Let's proceed to step 8:
The number 29 fits into 140 4 times, leaving a remainder of 24.
Put 4 as the next digit of the answer. 
Result so far: 17475.44
If we subtract 116 from 140, we get 24.
Since there are no more digits in the dividend, we add a zero to the remainder making it 240, and continue the process.

The final outcome is 17475.44, with a leftover of 0.024.