We're dividing 500100 by 8 
Let's see how many times 8 fits into 500100.

Moving on to step 1:
When dividing 5 by 8, we get 0 with a remainder of 5.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
The remainder is 5 after subtracting 0 from 5.
Fetch the next digit (0) from the dividend, attach it to 5 and continue: 50 / 8

On to step 2:
50 divided by 8 is 6 with a remainder of 2.
The number 6 becomes the next digit in our result. 
Result so far: 6.0
Subtract 48 from 50 to get 2.
Grab the next digit (0) from the dividend, add it to 2, then carry on: 20 / 8

Let's proceed to step 3:
The number 8 fits into 20 2 times, leaving a remainder of 4.
Use 2 as the next digit of our solution. 
Result so far: 62.0
Deduct 16 from 20 and we're left with 4.
Append the next digit (1) from the dividend to 4 and continue with: 41 / 8

On to step 4:
8 goes into 41 5 times with a remainder of 1.
Put 5 as the next digit of the answer. 
Result so far: 625.0
The remainder is 1 after subtracting 40 from 41.
Fetch the next digit (0) from the dividend, attach it to 1 and continue: 10 / 8

On to step 5:
The number 8 fits into 10 1 times, leaving a remainder of 2.
Write down 1 as next digit of the result. 
Result so far: 6251.0
Subtracting 8 from 10 leaves us with 2.
Grab the next digit (0) from the dividend, add it to 2, then carry on: 20 / 8

On to step 6:
8 can be fit into 20 2 times, resulting in a remainder of 4.
Write down 2 as next digit of the result. 
Result so far: 62512.0
If we take 16 away from 20, 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.

On to step 7:
8 goes into 40 5 times with a remainder of 0.
Record the quotient 5 as the next digit in the result. 
Result so far: 62512.5
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.

Advancing to step 8:
The number 8 fits into 0 0 times, leaving a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 62512.5
If we subtract 0 from 0, we 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.

On to step 9:
When dividing 0 by 8, we get 0 with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 62512.5
If we take 0 away from 0, 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.

In conclusion, the division gives 62512.5 with a balance of 0.0.