We're dividing 492770 by 523 
Our goal is to divide 492770 by 523.

Advancing to step 1:
4 divided by 523 is 0 with a remainder of 4.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
If we take 0 away from 4, we end up with 4.
Fetch the next digit (9) from the dividend, attach it to 4 and continue: 49 / 523

On to step 2:
523 goes into 49 0 times with a remainder of 49.
Put 0 as the next digit of the answer. 
Result so far: 0.0
If we take 0 away from 49, we end up with 49.
Take the next digit (2) from the dividend and append it to 49, then repeat: 492 / 523

On to step 3:
523 goes into 492 0 times with a remainder of 492.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Subtracting 0 from 492 leaves us with 492.
Take the next digit (7) from the dividend and append it to 492, then repeat: 4927 / 523

Advancing to step 4:
523 goes into 4927 9 times with a remainder of 220.
The next digit of our result is 9. 
Result so far: 9.0
Deduct 4707 from 4927 and we're left with 220.
Bring next digit (7) of the dividend behind the 220 and repeat the process: 2207 / 523

Going ahead to step 5:
523 can be fit into 2207 4 times, resulting in a remainder of 115.
Write down 4 as next digit of the result. 
Result so far: 94.0
Deduct 2092 from 2207 and we're left with 115.
Take the next digit (0) from the dividend and append it to 115, then repeat: 1150 / 523

Moving on to step 6:
523 can be fit into 1150 2 times, resulting in a remainder of 104.
The next digit of our result is 2. 
Result so far: 942.0
Subtract 1046 from 1150 to get 104.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1040, and continue the process.

Moving on to step 7:
If we divide 1040 by 523, we get 1 and a remainder of 517.
Write down 1 as next digit of the result. 
Result so far: 942.1
If we take 523 away from 1040, we end up with 517.
Since there are no more digits in the dividend, we add a zero to the remainder making it 5170, and continue the process.

On to step 8:
523 can be fit into 5170 9 times, resulting in a remainder of 463.
Put 9 as the next digit of the answer. 
Result so far: 942.19
Subtract 4707 from 5170 to get 463.
Since there are no more digits in the dividend, we add a zero to the remainder making it 4630, and continue the process.

Let's proceed to step 9:
523 can be fit into 4630 8 times, resulting in a remainder of 446.
Record the quotient 8 as the next digit in the result. 
Result so far: 942.198
If we take 4184 away from 4630, we end up with 446.
Since there are no more digits in the dividend, we add a zero to the remainder making it 4460, and continue the process.

Moving on to step 10:
523 goes into 4460 8 times with a remainder of 276.
The next digit of our result is 8. 
Result so far: 942.1988
Deduct 4184 from 4460 and we're left with 276.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2760, and continue the process.

In conclusion, the division gives 942.1988 with a balance of 0.00276.