Let's divide 298766 by 50
Our goal is to divide 298766 by 50.

Moving on to step 1:
When dividing 2 by 50, we get 0 with a remainder of 2.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
The remainder is 2 after subtracting 0 from 2.
Include the next digit (9) from the dividend after 2, then repeat: 29 / 50

Going ahead to step 2:
29 divided by 50 is 0 with a remainder of 29.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 29 after subtracting 0 from 29.
Append the next digit (8) from the dividend to 29 and continue with: 298 / 50

On to step 3:
298 divided by 50 is 5 with a remainder of 48.
Use 5 as the next digit of our solution. 
Result so far: 5.0
Subtract 250 from 298 to get 48.
Append the next digit (7) from the dividend to 48 and continue with: 487 / 50

Let's proceed to step 4:
When dividing 487 by 50, we get 9 with a remainder of 37.
Use 9 as the next digit of our solution. 
Result so far: 59.0
Subtracting 450 from 487 leaves us with 37.
Append the next digit (6) from the dividend to 37 and continue with: 376 / 50

Step 5:
If we divide 376 by 50, we get 7 and a remainder of 26.
Put 7 as the next digit of the answer. 
Result so far: 597.0
The remainder is 26 after subtracting 350 from 376.
Take the next digit (6) from the dividend and append it to 26, then repeat: 266 / 50

Step 6:
266 divided by 50 is 5 with a remainder of 16.
The next digit of our result is 5. 
Result so far: 5975.0
Deduct 250 from 266 and we're left with 16.
Since there are no more digits in the dividend, we add a zero to the remainder making it 160, and continue the process.

Advancing to step 7:
The number 50 fits into 160 3 times, leaving a remainder of 10.
Record the quotient 3 as the next digit in the result. 
Result so far: 5975.3
If we take 150 away from 160, we end up with 10.
Since there are no more digits in the dividend, we add a zero to the remainder making it 100, and continue the process.

Let's proceed to step 8:
50 can be fit into 100 2 times, resulting in a remainder of 0.
The number 2 becomes the next digit in our result. 
Result so far: 5975.32
The remainder is 0 after subtracting 100 from 100.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Step 9:
If we divide 0 by 50, we get 0 and a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 5975.32
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.

On to step 10:
If we divide 0 by 50, we get 0 and a remainder of 0.
The next digit of our result is 0. 
Result so far: 5975.32
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.

In conclusion, the division gives 5975.32 with a balance of 0.0.