47023 ÷ 8 = 5877 R7
Alright, let's work through the division of 47023 by 8 step by step.

Step 1:
8 goes into 4 0 times with a remainder of 4.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 4 to get 4.
Bring next digit (7) of the dividend behind the 4 and repeat the process: 47 / 8

Step 2:
8 goes into 47 5 times with a remainder of 7.
Write down 5 as next digit of of the result. 
Result so far: 5
Subtract 40 from 47 to get 7.
Bring next digit (0) of the dividend behind the 7 and repeat the process: 70 / 8

Step 3:
8 goes into 70 8 times with a remainder of 6.
Write down 8 as next digit of of the result. 
Result so far: 58
Subtract 64 from 70 to get 6.
Bring next digit (2) of the dividend behind the 6 and repeat the process: 62 / 8

Step 4:
8 goes into 62 7 times with a remainder of 6.
Write down 7 as next digit of of the result. 
Result so far: 587
Subtract 56 from 62 to get 6.
Bring next digit (3) of the dividend behind the 6 and repeat the process: 63 / 8

Step 5:
8 goes into 63 7 times with a remainder of 7.
Write down 7 as next digit of of the result. 
Result so far: 5877
Subtract 56 from 63 to get 7.

The final result is 5877 with a remainder of 7.