We look at the division of 4706 by 34 
We're looking to find how many times 34 goes into 4706.

On to step 1:
When dividing 4 by 34, we get 0 with a remainder of 4.
Write down 0 as next digit of the result. 
Result so far: 0.0
Deduct 0 from 4 and we're left with 4.
Grab the next digit (7) from the dividend, add it to 4, then carry on: 47 / 34

Advancing to step 2:
When dividing 47 by 34, we get 1 with a remainder of 13.
Write down 1 as next digit of the result. 
Result so far: 1.0
The remainder is 13 after subtracting 34 from 47.
Bring next digit (0) of the dividend behind the 13 and repeat the process: 130 / 34

On to step 3:
When dividing 130 by 34, we get 3 with a remainder of 28.
Use 3 as the next digit of our solution. 
Result so far: 13.0
Subtracting 102 from 130 leaves us with 28.
Include the next digit (6) from the dividend after 28, then repeat: 286 / 34

Going ahead to step 4:
When dividing 286 by 34, we get 8 with a remainder of 14.
Record the quotient 8 as the next digit in the result. 
Result so far: 138.0
Deduct 272 from 286 and we're left with 14.
Since there are no more digits in the dividend, we add a zero to the remainder making it 140, and continue the process.

Step 5:
The number 34 fits into 140 4 times, leaving a remainder of 4.
Put 4 as the next digit of the answer. 
Result so far: 138.4
Deduct 136 from 140 and we're left with 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 6:
If we divide 40 by 34, we get 1 and a remainder of 6.
Record the quotient 1 as the next digit in the result. 
Result so far: 138.41
If we take 34 away from 40, we end up 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.

Moving on to step 7:
34 can be fit into 60 1 times, resulting in a remainder of 26.
Record the quotient 1 as the next digit in the result. 
Result so far: 138.411
If we take 34 away from 60, we end up with 26.
Since there are no more digits in the dividend, we add a zero to the remainder making it 260, and continue the process.

The final result is 138.411 with a remainder of 0.0026.