We look at the division of 691268 by 8 
Our goal is to divide 691268 by 8.

Advancing to step 1:
6 divided by 8 is 0 with a remainder of 6.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Deduct 0 from 6 and we're left with 6.
Bring next digit (9) of the dividend behind the 6 and repeat the process: 69 / 8

Advancing to step 2:
The number 8 fits into 69 8 times, leaving a remainder of 5.
Put 8 as the next digit of the answer. 
Result so far: 8.0
Subtract 64 from 69 to get 5.
Append the next digit (1) from the dividend to 5 and continue with: 51 / 8

Advancing to step 3:
8 can be fit into 51 6 times, resulting in a remainder of 3.
Record the quotient 6 as the next digit in the result. 
Result so far: 86.0
Subtracting 48 from 51 leaves us with 3.
Take the next digit (2) from the dividend and append it to 3, then repeat: 32 / 8

Moving on to step 4:
The number 8 fits into 32 4 times, leaving a remainder of 0.
The number 4 becomes the next digit in our result. 
Result so far: 864.0
Subtracting 32 from 32 leaves us with 0.
Take the next digit (6) from the dividend and append it to 0, then repeat: 6 / 8

On to step 5:
If we divide 6 by 8, we get 0 and a remainder of 6.
Record the quotient 0 as the next digit in the result. 
Result so far: 8640.0
Subtracting 0 from 6 leaves us with 6.
Grab the next digit (8) from the dividend, add it to 6, then carry on: 68 / 8

Moving on to step 6:
68 divided by 8 is 8 with a remainder of 4.
Put 8 as the next digit of the answer. 
Result so far: 86408.0
If we take 64 away from 68, we end up with 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Moving on to step 7:
When dividing 40 by 8, we get 5 with a remainder of 0.
Write down 5 as next digit of the result. 
Result so far: 86408.5
Deduct 40 from 40 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.

Step 8:
If we divide 0 by 8, we get 0 and a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 86408.5
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.

Going ahead to step 9:
8 can be fit into 0 0 times, resulting in a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 86408.5
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.

In conclusion, the division gives 86408.5 with a balance of 0.0.