We look at the division of 701429 by 50 
We want to divide 701429 by 50.

Advancing to step 1:
The number 50 fits into 7 0 times, leaving a remainder of 7.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
The remainder is 7 after subtracting 0 from 7.
Include the next digit (0) from the dividend after 7, then repeat: 70 / 50

Going ahead to step 2:
50 can be fit into 70 1 times, resulting in a remainder of 20.
Use 1 as the next digit of our solution. 
Result so far: 1.0
If we take 50 away from 70, we end up with 20.
Append the next digit (1) from the dividend to 20 and continue with: 201 / 50

Advancing to step 3:
50 can be fit into 201 4 times, resulting in a remainder of 1.
Record the quotient 4 as the next digit in the result. 
Result so far: 14.0
Subtract 200 from 201 to get 1.
Bring next digit (4) of the dividend behind the 1 and repeat the process: 14 / 50

Advancing to step 4:
The number 50 fits into 14 0 times, leaving a remainder of 14.
Write down 0 as next digit of the result. 
Result so far: 140.0
Subtracting 0 from 14 leaves us with 14.
Take the next digit (2) from the dividend and append it to 14, then repeat: 142 / 50

Going ahead to step 5:
If we divide 142 by 50, we get 2 and a remainder of 42.
Use 2 as the next digit of our solution. 
Result so far: 1402.0
If we subtract 100 from 142, we get 42.
Take the next digit (9) from the dividend and append it to 42, then repeat: 429 / 50

Going ahead to step 6:
429 divided by 50 is 8 with a remainder of 29.
The next digit of our result is 8. 
Result so far: 14028.0
Deduct 400 from 429 and we're left with 29.
Since there are no more digits in the dividend, we add a zero to the remainder making it 290, and continue the process.

Moving on to step 7:
The number 50 fits into 290 5 times, leaving a remainder of 40.
Use 5 as the next digit of our solution. 
Result so far: 14028.5
If we take 250 away from 290, we end up with 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

On to step 8:
50 can be fit into 400 8 times, resulting in a remainder of 0.
Write down 8 as next digit of the result. 
Result so far: 14028.58
Deduct 400 from 400 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 9:
0 divided by 50 is 0 with a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 14028.58
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.

Step 10:
When dividing 0 by 50, we get 0 with a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 14028.58
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.

In conclusion, the division gives 14028.58 with a balance of 0.0.