Let's divide 967462 by 8
Our goal is to divide 967462 by 8.

Going ahead to step 1:
The number 8 fits into 9 1 times, leaving a remainder of 1.
Record the quotient 1 as the next digit in the result. 
Result so far: 1.0
Subtracting 8 from 9 leaves us with 1.
Append the next digit (6) from the dividend to 1 and continue with: 16 / 8

Moving on to step 2:
If we divide 16 by 8, we get 2 and a remainder of 0.
Record the quotient 2 as the next digit in the result. 
Result so far: 12.0
Subtract 16 from 16 to get 0.
Append the next digit (7) from the dividend to 0 and continue with: 7 / 8

On to step 3:
If we divide 7 by 8, we get 0 and a remainder of 7.
Put 0 as the next digit of the answer. 
Result so far: 120.0
The remainder is 7 after subtracting 0 from 7.
Bring next digit (4) of the dividend behind the 7 and repeat the process: 74 / 8

On to step 4:
8 can be fit into 74 9 times, resulting in a remainder of 2.
Use 9 as the next digit of our solution. 
Result so far: 1209.0
Deduct 72 from 74 and we're left with 2.
Include the next digit (6) from the dividend after 2, then repeat: 26 / 8

Step 5:
If we divide 26 by 8, we get 3 and a remainder of 2.
Write down 3 as next digit of the result. 
Result so far: 12093.0
Subtracting 24 from 26 leaves us with 2.
Include the next digit (2) from the dividend after 2, then repeat: 22 / 8

Going ahead to step 6:
8 can be fit into 22 2 times, resulting in a remainder of 6.
Use 2 as the next digit of our solution. 
Result so far: 120932.0
The remainder is 6 after subtracting 16 from 22.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

Going ahead to step 7:
When dividing 60 by 8, we get 7 with a remainder of 4.
The next digit of our result is 7. 
Result so far: 120932.7
If we take 56 away from 60, 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.

Going ahead to step 8:
8 can be fit into 40 5 times, resulting in a remainder of 0.
Put 5 as the next digit of the answer. 
Result so far: 120932.75
If we take 40 away from 40, we end up 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 9:
When dividing 0 by 8, we get 0 with a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 120932.75
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.

Going ahead to step 10:
If we divide 0 by 8, we get 0 and a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 120932.75
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 120932.75 with a balance of 0.0.