We're dividing 416321 by 50 
Our goal is to divide 416321 by 50.

On to step 1:
If we divide 4 by 50, we get 0 and a remainder of 4.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Subtracting 0 from 4 leaves us with 4.
Fetch the next digit (1) from the dividend, attach it to 4 and continue: 41 / 50

Let's proceed to step 2:
41 divided by 50 is 0 with a remainder of 41.
The next digit of our result is 0. 
Result so far: 0.0
Subtract 0 from 41 to get 41.
Take the next digit (6) from the dividend and append it to 41, then repeat: 416 / 50

On to step 3:
If we divide 416 by 50, we get 8 and a remainder of 16.
The number 8 becomes the next digit in our result. 
Result so far: 8.0
If we subtract 400 from 416, we get 16.
Fetch the next digit (3) from the dividend, attach it to 16 and continue: 163 / 50

On to step 4:
The number 50 fits into 163 3 times, leaving a remainder of 13.
Record the quotient 3 as the next digit in the result. 
Result so far: 83.0
The remainder is 13 after subtracting 150 from 163.
Include the next digit (2) from the dividend after 13, then repeat: 132 / 50

Advancing to step 5:
50 can be fit into 132 2 times, resulting in a remainder of 32.
Record the quotient 2 as the next digit in the result. 
Result so far: 832.0
If we subtract 100 from 132, we get 32.
Grab the next digit (1) from the dividend, add it to 32, then carry on: 321 / 50

Going ahead to step 6:
The number 50 fits into 321 6 times, leaving a remainder of 21.
The next digit of our result is 6. 
Result so far: 8326.0
Deduct 300 from 321 and we're left with 21.
Since there are no more digits in the dividend, we add a zero to the remainder making it 210, and continue the process.

Moving on to step 7:
50 goes into 210 4 times with a remainder of 10.
The number 4 becomes the next digit in our result. 
Result so far: 8326.4
Subtract 200 from 210 to get 10.
Since there are no more digits in the dividend, we add a zero to the remainder making it 100, and continue the process.

Let's proceed to step 8:
100 divided by 50 is 2 with a remainder of 0.
The number 2 becomes the next digit in our result. 
Result so far: 8326.42
If we subtract 100 from 100, 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.

Advancing to step 9:
The number 50 fits into 0 0 times, leaving a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 8326.42
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.

Let's proceed to step 10:
50 can be fit into 0 0 times, resulting in a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 8326.42
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 8326.42 with a balance of 0.0.