Let's dive into this subtraction. We'll start with 94698 and subtract 47235 from it.

Step 1: We'll start by subtracting the digit 5 and the borrow 0 from 8 in column 1 and get 3.
3 is the first digit of our result.

Step 2: We'll start by subtracting the digit 3 and the borrow 0 from 9 in column 2 and get 6.
6 is the next digit of our result.

Step 3: We'll start by subtracting the digit 2 and the borrow 0 from 6 in column 3 and get 4.
4 is the next digit of our result.

Step 4: We'll start by subtracting the digit 7 and the borrow 0 from 4 in column 4 and get -3.
We add -3 to 10 and get 7 as the next digit of the result.

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

So, 94698 - 47235 = 47463.