We look at the division of 58246 by 88 
Let's see how many times 88 fits into 58246.

Let's proceed to step 1:
The number 88 fits into 5 0 times, leaving a remainder of 5.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Deduct 0 from 5 and we're left with 5.
Take the next digit (8) from the dividend and append it to 5, then repeat: 58 / 88

Moving on to step 2:
The number 88 fits into 58 0 times, leaving a remainder of 58.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Deduct 0 from 58 and we're left with 58.
Fetch the next digit (2) from the dividend, attach it to 58 and continue: 582 / 88

Going ahead to step 3:
The number 88 fits into 582 6 times, leaving a remainder of 54.
Write down 6 as next digit of the result. 
Result so far: 6.0
The remainder is 54 after subtracting 528 from 582.
Grab the next digit (4) from the dividend, add it to 54, then carry on: 544 / 88

Moving on to step 4:
88 can be fit into 544 6 times, resulting in a remainder of 16.
The number 6 becomes the next digit in our result. 
Result so far: 66.0
Subtracting 528 from 544 leaves us with 16.
Append the next digit (6) from the dividend to 16 and continue with: 166 / 88

Going ahead to step 5:
88 can be fit into 166 1 times, resulting in a remainder of 78.
The next digit of our result is 1. 
Result so far: 661.0
Subtracting 88 from 166 leaves us with 78.
Since there are no more digits in the dividend, we add a zero to the remainder making it 780, and continue the process.

Step 6:
88 goes into 780 8 times with a remainder of 76.
The number 8 becomes the next digit in our result. 
Result so far: 661.8
The remainder is 76 after subtracting 704 from 780.
Since there are no more digits in the dividend, we add a zero to the remainder making it 760, and continue the process.

Going ahead to step 7:
When dividing 760 by 88, we get 8 with a remainder of 56.
The next digit of our result is 8. 
Result so far: 661.88
Subtracting 704 from 760 leaves us with 56.
Since there are no more digits in the dividend, we add a zero to the remainder making it 560, and continue the process.

In conclusion, the division gives 661.88 with a balance of 0.056.