122 ÷ 79 
We're looking to find how many times 79 goes into 122.

Advancing to step 1:
When dividing 1 by 79, we get 0 with a remainder of 1.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Subtract 0 from 1 to get 1.
Bring next digit (2) of the dividend behind the 1 and repeat the process: 12 / 79

Let's proceed to step 2:
When dividing 12 by 79, we get 0 with a remainder of 12.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
The remainder is 12 after subtracting 0 from 12.
Fetch the next digit (2) from the dividend, attach it to 12 and continue: 122 / 79

Advancing to step 3:
The number 79 fits into 122 1 times, leaving a remainder of 43.
The number 1 becomes the next digit in our result. 
Result so far: 1.0
Subtracting 79 from 122 leaves us with 43.
Since there are no more digits in the dividend, we add a zero to the remainder making it 430, and continue the process.

Step 4:
430 divided by 79 is 5 with a remainder of 35.
Use 5 as the next digit of our solution. 
Result so far: 1.5
Subtracting 395 from 430 leaves us with 35.
Since there are no more digits in the dividend, we add a zero to the remainder making it 350, and continue the process.

Going ahead to step 5:
When dividing 350 by 79, we get 4 with a remainder of 34.
Put 4 as the next digit of the answer. 
Result so far: 1.54
Deduct 316 from 350 and we're left with 34.
Since there are no more digits in the dividend, we add a zero to the remainder making it 340, and continue the process.

Moving on to step 6:
When dividing 340 by 79, we get 4 with a remainder of 24.
Use 4 as the next digit of our solution. 
Result so far: 1.544
The remainder is 24 after subtracting 316 from 340.
Since there are no more digits in the dividend, we add a zero to the remainder making it 240, and continue the process.

In conclusion, the division gives 1.544 with a balance of 0.0024.