We divide 50294088 by 60
We want to divide 50294088 by 60.

Going ahead to step 1:
If we divide 5 by 60, we get 0 and a remainder of 5.
Use 0 as the next digit of our solution. 
Result so far: 0.0
The remainder is 5 after subtracting 0 from 5.
Bring next digit (0) of the dividend behind the 5 and repeat the process: 50 / 60

Moving on to step 2:
The number 60 fits into 50 0 times, leaving a remainder of 50.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
The remainder is 50 after subtracting 0 from 50.
Include the next digit (2) from the dividend after 50, then repeat: 502 / 60

Let's proceed to step 3:
The number 60 fits into 502 8 times, leaving a remainder of 22.
The number 8 becomes the next digit in our result. 
Result so far: 8.0
Subtracting 480 from 502 leaves us with 22.
Grab the next digit (9) from the dividend, add it to 22, then carry on: 229 / 60

Step 4:
When dividing 229 by 60, we get 3 with a remainder of 49.
Record the quotient 3 as the next digit in the result. 
Result so far: 83.0
Subtracting 180 from 229 leaves us with 49.
Append the next digit (4) from the dividend to 49 and continue with: 494 / 60

Advancing to step 5:
When dividing 494 by 60, we get 8 with a remainder of 14.
The number 8 becomes the next digit in our result. 
Result so far: 838.0
If we take 480 away from 494, we end up with 14.
Bring next digit (0) of the dividend behind the 14 and repeat the process: 140 / 60

Advancing to step 6:
If we divide 140 by 60, we get 2 and a remainder of 20.
Put 2 as the next digit of the answer. 
Result so far: 8382.0
Subtract 120 from 140 to get 20.
Take the next digit (8) from the dividend and append it to 20, then repeat: 208 / 60

On to step 7:
When dividing 208 by 60, we get 3 with a remainder of 28.
Write down 3 as next digit of the result. 
Result so far: 83823.0
If we take 180 away from 208, we end up with 28.
Fetch the next digit (8) from the dividend, attach it to 28 and continue: 288 / 60

Advancing to step 8:
60 goes into 288 4 times with a remainder of 48.
The number 4 becomes the next digit in our result. 
Result so far: 838234.0
If we subtract 240 from 288, we get 48.
Since there are no more digits in the dividend, we add a zero to the remainder making it 480, and continue the process.

Step 9:
60 goes into 480 8 times with a remainder of 0.
The next digit of our result is 8. 
Result so far: 838234.8
Subtracting 480 from 480 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.

Let's proceed to step 10:
If we divide 0 by 60, we get 0 and a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 838234.8
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.

Step 11:
60 can be fit into 0 0 times, resulting in a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 838234.8
Deduct 0 from 0 and we're left 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.

In conclusion, the division gives 838234.8 with a balance of 0.0.