53423 ÷ 5 = 10684 R3
We're going to perform division on 53423 with 5 as the divisor.

Step 1:
5 goes into 5 1 times with a remainder of 0.
Write down 1 as next digit of of the result. 
Result so far: 1
Subtract 5 from 5 to get 0.
Bring next digit (3) of the dividend behind the 0 and repeat the process: 3 / 5

Step 2:
5 goes into 3 0 times with a remainder of 3.
Write down 0 as next digit of of the result. 
Result so far: 10
Subtract 0 from 3 to get 3.
Bring next digit (4) of the dividend behind the 3 and repeat the process: 34 / 5

Step 3:
5 goes into 34 6 times with a remainder of 4.
Write down 6 as next digit of of the result. 
Result so far: 106
Subtract 30 from 34 to get 4.
Bring next digit (2) of the dividend behind the 4 and repeat the process: 42 / 5

Step 4:
5 goes into 42 8 times with a remainder of 2.
Write down 8 as next digit of of the result. 
Result so far: 1068
Subtract 40 from 42 to get 2.
Bring next digit (3) of the dividend behind the 2 and repeat the process: 23 / 5

Step 5:
5 goes into 23 4 times with a remainder of 3.
Write down 4 as next digit of of the result. 
Result so far: 10684
Subtract 20 from 23 to get 3.

The final result is 10684 with a remainder of 3.