We look at the division of 54791438 by 503 
We're looking to find how many times 503 goes into 54791438.

Step 1:
503 can be fit into 5 0 times, resulting in a remainder of 5.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 5 after subtracting 0 from 5.
Grab the next digit (4) from the dividend, add it to 5, then carry on: 54 / 503

Let's proceed to step 2:
503 goes into 54 0 times with a remainder of 54.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we take 0 away from 54, we end up with 54.
Fetch the next digit (7) from the dividend, attach it to 54 and continue: 547 / 503

Step 3:
503 goes into 547 1 times with a remainder of 44.
Write down 1 as next digit of the result. 
Result so far: 1.0
Deduct 503 from 547 and we're left with 44.
Append the next digit (9) from the dividend to 44 and continue with: 449 / 503

Let's proceed to step 4:
449 divided by 503 is 0 with a remainder of 449.
Put 0 as the next digit of the answer. 
Result so far: 10.0
Subtract 0 from 449 to get 449.
Include the next digit (1) from the dividend after 449, then repeat: 4491 / 503

On to step 5:
503 goes into 4491 8 times with a remainder of 467.
Put 8 as the next digit of the answer. 
Result so far: 108.0
Deduct 4024 from 4491 and we're left with 467.
Take the next digit (4) from the dividend and append it to 467, then repeat: 4674 / 503

Moving on to step 6:
503 goes into 4674 9 times with a remainder of 147.
Use 9 as the next digit of our solution. 
Result so far: 1089.0
Deduct 4527 from 4674 and we're left with 147.
Take the next digit (3) from the dividend and append it to 147, then repeat: 1473 / 503

Advancing to step 7:
503 goes into 1473 2 times with a remainder of 467.
The number 2 becomes the next digit in our result. 
Result so far: 10892.0
If we subtract 1006 from 1473, we get 467.
Append the next digit (8) from the dividend to 467 and continue with: 4678 / 503

Advancing to step 8:
When dividing 4678 by 503, we get 9 with a remainder of 151.
Write down 9 as next digit of the result. 
Result so far: 108929.0
The remainder is 151 after subtracting 4527 from 4678.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1510, and continue the process.

Let's proceed to step 9:
1510 divided by 503 is 3 with a remainder of 1.
The number 3 becomes the next digit in our result. 
Result so far: 108929.3
Subtract 1509 from 1510 to get 1.
Since there are no more digits in the dividend, we add a zero to the remainder making it 10, and continue the process.

Step 10:
When dividing 10 by 503, we get 0 with a remainder of 10.
Put 0 as the next digit of the answer. 
Result so far: 108929.3
Subtracting 0 from 10 leaves us with 10.
Since there are no more digits in the dividend, we add a zero to the remainder making it 100, and continue the process.

On to step 11:
The number 503 fits into 100 0 times, leaving a remainder of 100.
Record the quotient 0 as the next digit in the result. 
Result so far: 108929.3
The remainder is 100 after subtracting 0 from 100.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1000, and continue the process.

In conclusion, the division gives 108929.3 with a balance of 0.01.