We look at the division of 139123 by 16 
We're looking to find how many times 16 goes into 139123.

Going ahead to step 1:
If we divide 1 by 16, we get 0 and a remainder of 1.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Subtracting 0 from 1 leaves us with 1.
Take the next digit (3) from the dividend and append it to 1, then repeat: 13 / 16

On to step 2:
13 divided by 16 is 0 with a remainder of 13.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
If we take 0 away from 13, we end up with 13.
Include the next digit (9) from the dividend after 13, then repeat: 139 / 16

Step 3:
If we divide 139 by 16, we get 8 and a remainder of 11.
Record the quotient 8 as the next digit in the result. 
Result so far: 8.0
If we take 128 away from 139, we end up with 11.
Include the next digit (1) from the dividend after 11, then repeat: 111 / 16

Moving on to step 4:
16 can be fit into 111 6 times, resulting in a remainder of 15.
Use 6 as the next digit of our solution. 
Result so far: 86.0
If we subtract 96 from 111, we get 15.
Take the next digit (2) from the dividend and append it to 15, then repeat: 152 / 16

Let's proceed to step 5:
152 divided by 16 is 9 with a remainder of 8.
The number 9 becomes the next digit in our result. 
Result so far: 869.0
If we take 144 away from 152, we end up with 8.
Take the next digit (3) from the dividend and append it to 8, then repeat: 83 / 16

Step 6:
83 divided by 16 is 5 with a remainder of 3.
Use 5 as the next digit of our solution. 
Result so far: 8695.0
If we take 80 away from 83, we end up with 3.
Since there are no more digits in the dividend, we add a zero to the remainder making it 30, and continue the process.

Moving on to step 7:
If we divide 30 by 16, we get 1 and a remainder of 14.
Record the quotient 1 as the next digit in the result. 
Result so far: 8695.1
Subtract 16 from 30 to get 14.
Since there are no more digits in the dividend, we add a zero to the remainder making it 140, and continue the process.

Going ahead to step 8:
16 can be fit into 140 8 times, resulting in a remainder of 12.
Use 8 as the next digit of our solution. 
Result so far: 8695.18
If we subtract 128 from 140, we get 12.
Since there are no more digits in the dividend, we add a zero to the remainder making it 120, and continue the process.

Going ahead to step 9:
120 divided by 16 is 7 with a remainder of 8.
Record the quotient 7 as the next digit in the result. 
Result so far: 8695.187
Deduct 112 from 120 and we're left with 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

Advancing to step 10:
80 divided by 16 is 5 with a remainder of 0.
The number 5 becomes the next digit in our result. 
Result so far: 8695.1875
Subtracting 80 from 80 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.

Step 11:
If we divide 0 by 16, we get 0 and a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 8695.1875
Subtract 0 from 0 to get 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 12:
The number 16 fits into 0 0 times, leaving a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 8695.1875
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 8695.1875 with a balance of 0.0.