We look at the division of 508062 by 5 
We want to figure out the number of times 508062 can be divided by 5.

Advancing to step 1:
5 divided by 5 is 1 with a remainder of 0.
The number 1 becomes the next digit in our result. 
Result so far: 1.0
Deduct 5 from 5 and we're left with 0.
Grab the next digit (0) from the dividend, add it to 0, then carry on: 0 / 5

Advancing to step 2:
0 divided by 5 is 0 with a remainder of 0.
The next digit of our result is 0. 
Result so far: 10.0
Subtract 0 from 0 to get 0.
Append the next digit (8) from the dividend to 0 and continue with: 8 / 5

Let's proceed to step 3:
8 divided by 5 is 1 with a remainder of 3.
Use 1 as the next digit of our solution. 
Result so far: 101.0
If we subtract 5 from 8, we get 3.
Fetch the next digit (0) from the dividend, attach it to 3 and continue: 30 / 5

Step 4:
5 goes into 30 6 times with a remainder of 0.
Put 6 as the next digit of the answer. 
Result so far: 1016.0
The remainder is 0 after subtracting 30 from 30.
Include the next digit (6) from the dividend after 0, then repeat: 6 / 5

Going ahead to step 5:
5 goes into 6 1 times with a remainder of 1.
The number 1 becomes the next digit in our result. 
Result so far: 10161.0
Deduct 5 from 6 and we're left with 1.
Include the next digit (2) from the dividend after 1, then repeat: 12 / 5

Let's proceed to step 6:
5 can be fit into 12 2 times, resulting in a remainder of 2.
Put 2 as the next digit of the answer. 
Result so far: 101612.0
The remainder is 2 after subtracting 10 from 12.
Since there are no more digits in the dividend, we add a zero to the remainder making it 20, and continue the process.

On to step 7:
5 can be fit into 20 4 times, resulting in a remainder of 0.
Write down 4 as next digit of the result. 
Result so far: 101612.4
The remainder is 0 after subtracting 20 from 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Advancing to step 8:
The number 5 fits into 0 0 times, leaving a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 101612.4
Subtracting 0 from 0 leaves us 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.

Moving on to step 9:
0 divided by 5 is 0 with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 101612.4
Deduct 0 from 0 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.

The quotient of the division is 101612.4, and the remainder is 0.0.