We look at the division of 588920 by 48 
Let's see how many times 48 fits into 588920.

Step 1:
The number 48 fits into 5 0 times, leaving a remainder of 5.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Subtract 0 from 5 to get 5.
Fetch the next digit (8) from the dividend, attach it to 5 and continue: 58 / 48

Let's proceed to step 2:
The number 48 fits into 58 1 times, leaving a remainder of 10.
Put 1 as the next digit of the answer. 
Result so far: 1.0
Deduct 48 from 58 and we're left with 10.
Bring next digit (8) of the dividend behind the 10 and repeat the process: 108 / 48

Let's proceed to step 3:
If we divide 108 by 48, we get 2 and a remainder of 12.
The next digit of our result is 2. 
Result so far: 12.0
Subtracting 96 from 108 leaves us with 12.
Grab the next digit (9) from the dividend, add it to 12, then carry on: 129 / 48

Step 4:
48 goes into 129 2 times with a remainder of 33.
Use 2 as the next digit of our solution. 
Result so far: 122.0
If we subtract 96 from 129, we get 33.
Fetch the next digit (2) from the dividend, attach it to 33 and continue: 332 / 48

Step 5:
332 divided by 48 is 6 with a remainder of 44.
Write down 6 as next digit of the result. 
Result so far: 1226.0
If we subtract 288 from 332, we get 44.
Take the next digit (0) from the dividend and append it to 44, then repeat: 440 / 48

Let's proceed to step 6:
When dividing 440 by 48, we get 9 with a remainder of 8.
Put 9 as the next digit of the answer. 
Result so far: 12269.0
If we subtract 432 from 440, we get 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

Moving on to step 7:
When dividing 80 by 48, we get 1 with a remainder of 32.
The next digit of our result is 1. 
Result so far: 12269.1
The remainder is 32 after subtracting 48 from 80.
Since there are no more digits in the dividend, we add a zero to the remainder making it 320, and continue the process.

Let's proceed to step 8:
48 can be fit into 320 6 times, resulting in a remainder of 32.
Record the quotient 6 as the next digit in the result. 
Result so far: 12269.16
Deduct 288 from 320 and we're left with 32.
Since there are no more digits in the dividend, we add a zero to the remainder making it 320, and continue the process.

Moving on to step 9:
If we divide 320 by 48, we get 6 and a remainder of 32.
Use 6 as the next digit of our solution. 
Result so far: 12269.166
Deduct 288 from 320 and we're left with 32.
Since there are no more digits in the dividend, we add a zero to the remainder making it 320, and continue the process.

In conclusion, the division gives 12269.166 with a balance of 0.0032.