We're dividing 592298 by 50 
Let's see how many times 50 fits into 592298.

Moving on to step 1:
When dividing 5 by 50, we get 0 with a remainder of 5.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
If we subtract 0 from 5, we get 5.
Grab the next digit (9) from the dividend, add it to 5, then carry on: 59 / 50

Let's proceed to step 2:
If we divide 59 by 50, we get 1 and a remainder of 9.
Record the quotient 1 as the next digit in the result. 
Result so far: 1.0
Subtract 50 from 59 to get 9.
Grab the next digit (2) from the dividend, add it to 9, then carry on: 92 / 50

On to step 3:
92 divided by 50 is 1 with a remainder of 42.
The number 1 becomes the next digit in our result. 
Result so far: 11.0
Subtract 50 from 92 to get 42.
Fetch the next digit (2) from the dividend, attach it to 42 and continue: 422 / 50

Moving on to step 4:
422 divided by 50 is 8 with a remainder of 22.
The number 8 becomes the next digit in our result. 
Result so far: 118.0
If we subtract 400 from 422, we get 22.
Grab the next digit (9) from the dividend, add it to 22, then carry on: 229 / 50

Advancing to step 5:
When dividing 229 by 50, we get 4 with a remainder of 29.
Put 4 as the next digit of the answer. 
Result so far: 1184.0
Deduct 200 from 229 and we're left with 29.
Append the next digit (8) from the dividend to 29 and continue with: 298 / 50

On to step 6:
The number 50 fits into 298 5 times, leaving a remainder of 48.
The number 5 becomes the next digit in our result. 
Result so far: 11845.0
Deduct 250 from 298 and we're left with 48.
Since there are no more digits in the dividend, we add a zero to the remainder making it 480, and continue the process.

Let's proceed to step 7:
50 goes into 480 9 times with a remainder of 30.
Use 9 as the next digit of our solution. 
Result so far: 11845.9
Subtracting 450 from 480 leaves us with 30.
Since there are no more digits in the dividend, we add a zero to the remainder making it 300, and continue the process.

Advancing to step 8:
300 divided by 50 is 6 with a remainder of 0.
Use 6 as the next digit of our solution. 
Result so far: 11845.96
If we take 300 away from 300, we end up 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.

Advancing to step 9:
0 divided by 50 is 0 with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 11845.96
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.

Let's proceed to step 10:
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: 11845.96
If we subtract 0 from 0, 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.

In conclusion, the division gives 11845.96 with a balance of 0.0.