16427 ÷ 8 = 2053 R3
Let's divide 16427 by 8.

Step 1:
8 goes into 1 0 times with a remainder of 1.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 1 to get 1.
Bring next digit (6) of the dividend behind the 1 and repeat the process: 16 / 8

Step 2:
8 goes into 16 2 times with a remainder of 0.
Write down 2 as next digit of of the result. 
Result so far: 2
Subtract 16 from 16 to get 0.
Bring next digit (4) of the dividend behind the 0 and repeat the process: 4 / 8

Step 3:
8 goes into 4 0 times with a remainder of 4.
Write down 0 as next digit of of the result. 
Result so far: 20
Subtract 0 from 4 to get 4.
Bring next digit (2) of the dividend behind the 4 and repeat the process: 42 / 8

Step 4:
8 goes into 42 5 times with a remainder of 2.
Write down 5 as next digit of of the result. 
Result so far: 205
Subtract 40 from 42 to get 2.
Bring next digit (7) of the dividend behind the 2 and repeat the process: 27 / 8

Step 5:
8 goes into 27 3 times with a remainder of 3.
Write down 3 as next digit of of the result. 
Result so far: 2053
Subtract 24 from 27 to get 3.

The final result is 2053 with a remainder of 3.