We're dividing 55004262 by 8 
We're looking to find how many times 8 goes into 55004262.

Let's proceed to step 1:
5 divided by 8 is 0 with a remainder of 5.
Write down 0 as next digit of the result. 
Result so far: 0.0
Subtracting 0 from 5 leaves us with 5.
Fetch the next digit (5) from the dividend, attach it to 5 and continue: 55 / 8

Let's proceed to step 2:
If we divide 55 by 8, we get 6 and a remainder of 7.
Record the quotient 6 as the next digit in the result. 
Result so far: 6.0
Deduct 48 from 55 and we're left with 7.
Fetch the next digit (0) from the dividend, attach it to 7 and continue: 70 / 8

On to step 3:
If we divide 70 by 8, we get 8 and a remainder of 6.
Record the quotient 8 as the next digit in the result. 
Result so far: 68.0
Subtracting 64 from 70 leaves us with 6.
Bring next digit (0) of the dividend behind the 6 and repeat the process: 60 / 8

Moving on to step 4:
The number 8 fits into 60 7 times, leaving a remainder of 4.
The number 7 becomes the next digit in our result. 
Result so far: 687.0
The remainder is 4 after subtracting 56 from 60.
Fetch the next digit (4) from the dividend, attach it to 4 and continue: 44 / 8

Step 5:
When dividing 44 by 8, we get 5 with a remainder of 4.
The next digit of our result is 5. 
Result so far: 6875.0
If we subtract 40 from 44, we get 4.
Take the next digit (2) from the dividend and append it to 4, then repeat: 42 / 8

Let's proceed to step 6:
8 goes into 42 5 times with a remainder of 2.
Use 5 as the next digit of our solution. 
Result so far: 68755.0
If we subtract 40 from 42, we get 2.
Include the next digit (6) from the dividend after 2, then repeat: 26 / 8

On to step 7:
8 can be fit into 26 3 times, resulting in a remainder of 2.
The number 3 becomes the next digit in our result. 
Result so far: 687553.0
Subtracting 24 from 26 leaves us with 2.
Bring next digit (2) of the dividend behind the 2 and repeat the process: 22 / 8

Going ahead to step 8:
The number 8 fits into 22 2 times, leaving a remainder of 6.
Put 2 as the next digit of the answer. 
Result so far: 6875532.0
Subtract 16 from 22 to get 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

Step 9:
8 goes into 60 7 times with a remainder of 4.
Use 7 as the next digit of our solution. 
Result so far: 6875532.7
Subtract 56 from 60 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.

Moving on to step 10:
8 goes into 40 5 times with a remainder of 0.
The next digit of our result is 5. 
Result so far: 6875532.75
If we subtract 40 from 40, 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.

Going ahead to step 11:
0 divided by 8 is 0 with a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 6875532.75
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.

Moving on to step 12:
8 can be fit into 0 0 times, resulting in a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 6875532.75
The remainder is 0 after subtracting 0 from 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Our division results in 6875532.75 with a remaining 0.0.