We can solve this together! We're beginning with 50361 and removing 31623 from it.

Step 1: We'll start by subtracting the digit 3 and the borrow 0 from 1 in column 1 and get -2.
We add -2 to 10 and get 8 as the first digit of the result.

Step 2: We'll start by subtracting the digit 2 and the borrow 1 from 6 in column 2 and get 3.
3 is the next digit of our result.

Step 3: We'll start by subtracting the digit 6 and the borrow 0 from 3 in column 3 and get -3.
We add -3 to 10 and get 7 as the next digit of the result.

Step 4: We'll start by subtracting the digit 1 and the borrow 1 from 0 in column 4 and get -2.
We add -2 to 10 and get 8 as the next digit of the result.

Step 5: We'll start by subtracting the digit 3 and the borrow 1 from 5 in column 5 and get 1.
1 is the next digit of our result.

So, 50361 - 31623 = 18738.