Alright, ready to do some subtraction? We're taking 246849 and subtracting 1504 from it.

Step 1: We'll start by subtracting the digit 4 and the borrow 0 from 9 in column 1 and get 5.
5 is the first digit of our result.

Step 2: We'll start by subtracting the digit 0 and the borrow 0 from 4 in column 2 and get 4.
4 is the next digit of our result.

Step 3: We'll start by subtracting the digit 5 and the borrow 0 from 8 in column 3 and get 3.
3 is the next digit of our result.

Step 4: We'll start by subtracting the digit 1 and the borrow 0 from 6 in column 4 and get 5.
5 is the next digit of our result.

Step 5: We'll start by subtracting the digit 0 and the borrow 0 from 4 in column 5 and get 4.
4 is the next digit of our result.

Step 6: We'll start by subtracting the digit 0 and the borrow 0 from 2 in column 6 and get 2.
2 is the next digit of our result.

So, 246849 - 1504 = 245345.