We're dividing 724040 by 30 
We want to figure out the number of times 724040 can be divided by 30.

Going ahead to step 1:
7 divided by 30 is 0 with a remainder of 7.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
If we take 0 away from 7, we end up with 7.
Append the next digit (2) from the dividend to 7 and continue with: 72 / 30

Step 2:
If we divide 72 by 30, we get 2 and a remainder of 12.
Write down 2 as next digit of the result. 
Result so far: 2.0
If we subtract 60 from 72, we get 12.
Append the next digit (4) from the dividend to 12 and continue with: 124 / 30

Going ahead to step 3:
The number 30 fits into 124 4 times, leaving a remainder of 4.
Write down 4 as next digit of the result. 
Result so far: 24.0
If we subtract 120 from 124, we get 4.
Fetch the next digit (0) from the dividend, attach it to 4 and continue: 40 / 30

Moving on to step 4:
30 can be fit into 40 1 times, resulting in a remainder of 10.
Write down 1 as next digit of the result. 
Result so far: 241.0
If we subtract 30 from 40, we get 10.
Take the next digit (4) from the dividend and append it to 10, then repeat: 104 / 30

On to step 5:
30 can be fit into 104 3 times, resulting in a remainder of 14.
The next digit of our result is 3. 
Result so far: 2413.0
The remainder is 14 after subtracting 90 from 104.
Fetch the next digit (0) from the dividend, attach it to 14 and continue: 140 / 30

Moving on to step 6:
When dividing 140 by 30, we get 4 with a remainder of 20.
Record the quotient 4 as the next digit in the result. 
Result so far: 24134.0
Subtracting 120 from 140 leaves us with 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

Step 7:
30 goes into 200 6 times with a remainder of 20.
Record the quotient 6 as the next digit in the result. 
Result so far: 24134.6
Subtract 180 from 200 to get 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

Going ahead to step 8:
The number 30 fits into 200 6 times, leaving a remainder of 20.
The number 6 becomes the next digit in our result. 
Result so far: 24134.66
The remainder is 20 after subtracting 180 from 200.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

In conclusion, the division gives 24134.66 with a balance of 0.02.