973 ÷ 8 = 121 R5
We're going to perform division on 973 with 8 as the divisor.

Step 1:
8 goes into 9 1 times with a remainder of 1.
Write down 1 as next digit of of the result. 
Result so far: 1
Subtract 8 from 9 to get 1.
Bring next digit (7) of the dividend behind the 1 and repeat the process: 17 / 8

Step 2:
8 goes into 17 2 times with a remainder of 1.
Write down 2 as next digit of of the result. 
Result so far: 12
Subtract 16 from 17 to get 1.
Bring next digit (3) of the dividend behind the 1 and repeat the process: 13 / 8

Step 3:
8 goes into 13 1 times with a remainder of 5.
Write down 1 as next digit of of the result. 
Result so far: 121
Subtract 8 from 13 to get 5.

The final result is 121 with a remainder of 5.