We're dividing 264955 by 8 
We want to divide 264955 by 8.

Let's proceed to step 1:
8 can be fit into 2 0 times, resulting in a remainder of 2.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Deduct 0 from 2 and we're left with 2.
Fetch the next digit (6) from the dividend, attach it to 2 and continue: 26 / 8

Going ahead to step 2:
The number 8 fits into 26 3 times, leaving a remainder of 2.
Put 3 as the next digit of the answer. 
Result so far: 3.0
Subtracting 24 from 26 leaves us with 2.
Fetch the next digit (4) from the dividend, attach it to 2 and continue: 24 / 8

Step 3:
The number 8 fits into 24 3 times, leaving a remainder of 0.
Use 3 as the next digit of our solution. 
Result so far: 33.0
Subtracting 24 from 24 leaves us with 0.
Include the next digit (9) from the dividend after 0, then repeat: 9 / 8

Let's proceed to step 4:
8 can be fit into 9 1 times, resulting in a remainder of 1.
Put 1 as the next digit of the answer. 
Result so far: 331.0
Subtract 8 from 9 to get 1.
Take the next digit (5) from the dividend and append it to 1, then repeat: 15 / 8

Step 5:
8 can be fit into 15 1 times, resulting in a remainder of 7.
Write down 1 as next digit of the result. 
Result so far: 3311.0
If we take 8 away from 15, we end up with 7.
Grab the next digit (5) from the dividend, add it to 7, then carry on: 75 / 8

Moving on to step 6:
The number 8 fits into 75 9 times, leaving a remainder of 3.
Record the quotient 9 as the next digit in the result. 
Result so far: 33119.0
If we take 72 away from 75, 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.

Advancing to step 7:
8 can be fit into 30 3 times, resulting in a remainder of 6.
The number 3 becomes the next digit in our result. 
Result so far: 33119.3
If we subtract 24 from 30, we get 6.
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 8:
When dividing 60 by 8, we get 7 with a remainder of 4.
The next digit of our result is 7. 
Result so far: 33119.37
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.

Moving on to step 9:
8 can be fit into 40 5 times, resulting in a remainder of 0.
Write down 5 as next digit of the result. 
Result so far: 33119.375
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 10:
8 goes into 0 0 times with a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 33119.375
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.

Moving on to step 11:
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: 33119.375
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.

The final outcome is 33119.375, with a leftover of 0.0.