We look at the division of 703674 by 12 
Our goal is to divide 703674 by 12.

Advancing to step 1:
7 divided by 12 is 0 with a remainder of 7.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 7 after subtracting 0 from 7.
Take the next digit (0) from the dividend and append it to 7, then repeat: 70 / 12

Step 2:
12 goes into 70 5 times with a remainder of 10.
Put 5 as the next digit of the answer. 
Result so far: 5.0
If we take 60 away from 70, we end up with 10.
Include the next digit (3) from the dividend after 10, then repeat: 103 / 12

Advancing to step 3:
12 can be fit into 103 8 times, resulting in a remainder of 7.
The number 8 becomes the next digit in our result. 
Result so far: 58.0
If we take 96 away from 103, we end up with 7.
Include the next digit (6) from the dividend after 7, then repeat: 76 / 12

On to step 4:
When dividing 76 by 12, we get 6 with a remainder of 4.
The number 6 becomes the next digit in our result. 
Result so far: 586.0
Deduct 72 from 76 and we're left with 4.
Take the next digit (7) from the dividend and append it to 4, then repeat: 47 / 12

On to step 5:
The number 12 fits into 47 3 times, leaving a remainder of 11.
The number 3 becomes the next digit in our result. 
Result so far: 5863.0
If we take 36 away from 47, we end up with 11.
Fetch the next digit (4) from the dividend, attach it to 11 and continue: 114 / 12

On to step 6:
12 goes into 114 9 times with a remainder of 6.
The next digit of our result is 9. 
Result so far: 58639.0
Deduct 108 from 114 and we're left with 6.
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 7:
If we divide 60 by 12, we get 5 and a remainder of 0.
The next digit of our result is 5. 
Result so far: 58639.5
Deduct 60 from 60 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.

Moving on to step 8:
When dividing 0 by 12, we get 0 with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 58639.5
Subtract 0 from 0 to get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

On to step 9:
0 divided by 12 is 0 with a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 58639.5
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.

In conclusion, the division gives 58639.5 with a balance of 0.0.