550300 ÷ 24 
We want to divide 550300 by 24.

Step 1:
The number 24 fits into 5 0 times, leaving a remainder of 5.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Subtract 0 from 5 to get 5.
Grab the next digit (5) from the dividend, add it to 5, then carry on: 55 / 24

Going ahead to step 2:
When dividing 55 by 24, we get 2 with a remainder of 7.
Write down 2 as next digit of the result. 
Result so far: 2.0
Subtracting 48 from 55 leaves us with 7.
Include the next digit (0) from the dividend after 7, then repeat: 70 / 24

Moving on to step 3:
24 can be fit into 70 2 times, resulting in a remainder of 22.
The number 2 becomes the next digit in our result. 
Result so far: 22.0
Subtract 48 from 70 to get 22.
Bring next digit (3) of the dividend behind the 22 and repeat the process: 223 / 24

Advancing to step 4:
The number 24 fits into 223 9 times, leaving a remainder of 7.
Record the quotient 9 as the next digit in the result. 
Result so far: 229.0
If we take 216 away from 223, we end up with 7.
Grab the next digit (0) from the dividend, add it to 7, then carry on: 70 / 24

On to step 5:
70 divided by 24 is 2 with a remainder of 22.
Use 2 as the next digit of our solution. 
Result so far: 2292.0
If we subtract 48 from 70, we get 22.
Take the next digit (0) from the dividend and append it to 22, then repeat: 220 / 24

Moving on to step 6:
24 can be fit into 220 9 times, resulting in a remainder of 4.
Use 9 as the next digit of our solution. 
Result so far: 22929.0
Subtract 216 from 220 to get 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Let's proceed to step 7:
24 can be fit into 40 1 times, resulting in a remainder of 16.
Record the quotient 1 as the next digit in the result. 
Result so far: 22929.1
Subtracting 24 from 40 leaves us with 16.
Since there are no more digits in the dividend, we add a zero to the remainder making it 160, and continue the process.

Going ahead to step 8:
If we divide 160 by 24, we get 6 and a remainder of 16.
Put 6 as the next digit of the answer. 
Result so far: 22929.16
If we take 144 away from 160, we end up with 16.
Since there are no more digits in the dividend, we add a zero to the remainder making it 160, and continue the process.

Let's proceed to step 9:
When dividing 160 by 24, we get 6 with a remainder of 16.
The next digit of our result is 6. 
Result so far: 22929.166
If we subtract 144 from 160, we get 16.
Since there are no more digits in the dividend, we add a zero to the remainder making it 160, and continue the process.

In conclusion, the division gives 22929.166 with a balance of 0.0016.