We're dividing 118926 by 60 
We're looking to find how many times 60 goes into 118926.

Going ahead to step 1:
When dividing 1 by 60, we get 0 with a remainder of 1.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Subtracting 0 from 1 leaves us with 1.
Append the next digit (1) from the dividend to 1 and continue with: 11 / 60

Let's proceed to step 2:
60 can be fit into 11 0 times, resulting in a remainder of 11.
Write down 0 as next digit of the result. 
Result so far: 0.0
The remainder is 11 after subtracting 0 from 11.
Take the next digit (8) from the dividend and append it to 11, then repeat: 118 / 60

Going ahead to step 3:
60 can be fit into 118 1 times, resulting in a remainder of 58.
Record the quotient 1 as the next digit in the result. 
Result so far: 1.0
Subtract 60 from 118 to get 58.
Append the next digit (9) from the dividend to 58 and continue with: 589 / 60

Going ahead to step 4:
60 goes into 589 9 times with a remainder of 49.
Put 9 as the next digit of the answer. 
Result so far: 19.0
Subtract 540 from 589 to get 49.
Take the next digit (2) from the dividend and append it to 49, then repeat: 492 / 60

Going ahead to step 5:
If we divide 492 by 60, we get 8 and a remainder of 12.
Put 8 as the next digit of the answer. 
Result so far: 198.0
If we take 480 away from 492, we end up with 12.
Take the next digit (6) from the dividend and append it to 12, then repeat: 126 / 60

Step 6:
126 divided by 60 is 2 with a remainder of 6.
The number 2 becomes the next digit in our result. 
Result so far: 1982.0
Subtracting 120 from 126 leaves us with 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

On to step 7:
60 can be fit into 60 1 times, resulting in a remainder of 0.
The next digit of our result is 1. 
Result so far: 1982.1
If we subtract 60 from 60, 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.

Let's proceed to step 8:
60 goes into 0 0 times with a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 1982.1
Subtracting 0 from 0 leaves us 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.

On to step 9:
When dividing 0 by 60, we get 0 with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 1982.1
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.

The final outcome is 1982.1, with a leftover of 0.0.