We look at the division of 261323 by 48 
We want to figure out the number of times 261323 can be divided by 48.

Advancing to step 1:
2 divided by 48 is 0 with a remainder of 2.
The next digit of our result is 0. 
Result so far: 0.0
Deduct 0 from 2 and we're left with 2.
Take the next digit (6) from the dividend and append it to 2, then repeat: 26 / 48

Let's proceed to step 2:
The number 48 fits into 26 0 times, leaving a remainder of 26.
Write down 0 as next digit of the result. 
Result so far: 0.0
Deduct 0 from 26 and we're left with 26.
Grab the next digit (1) from the dividend, add it to 26, then carry on: 261 / 48

Let's proceed to step 3:
The number 48 fits into 261 5 times, leaving a remainder of 21.
Record the quotient 5 as the next digit in the result. 
Result so far: 5.0
If we take 240 away from 261, we end up with 21.
Include the next digit (3) from the dividend after 21, then repeat: 213 / 48

Let's proceed to step 4:
The number 48 fits into 213 4 times, leaving a remainder of 21.
Write down 4 as next digit of the result. 
Result so far: 54.0
Subtract 192 from 213 to get 21.
Fetch the next digit (2) from the dividend, attach it to 21 and continue: 212 / 48

Advancing to step 5:
48 can be fit into 212 4 times, resulting in a remainder of 20.
Put 4 as the next digit of the answer. 
Result so far: 544.0
If we subtract 192 from 212, we get 20.
Grab the next digit (3) from the dividend, add it to 20, then carry on: 203 / 48

Let's proceed to step 6:
203 divided by 48 is 4 with a remainder of 11.
Put 4 as the next digit of the answer. 
Result so far: 5444.0
Deduct 192 from 203 and we're left with 11.
Since there are no more digits in the dividend, we add a zero to the remainder making it 110, and continue the process.

Moving on to step 7:
110 divided by 48 is 2 with a remainder of 14.
Write down 2 as next digit of the result. 
Result so far: 5444.2
Subtracting 96 from 110 leaves us with 14.
Since there are no more digits in the dividend, we add a zero to the remainder making it 140, and continue the process.

Advancing to step 8:
48 can be fit into 140 2 times, resulting in a remainder of 44.
The number 2 becomes the next digit in our result. 
Result so far: 5444.22
The remainder is 44 after subtracting 96 from 140.
Since there are no more digits in the dividend, we add a zero to the remainder making it 440, and continue the process.

The final result is 5444.22 with a remainder of 0.044.