46703 ÷ 3 = 15567 R2
Let's divide 46703 by 3.

Step 1:
3 goes into 4 1 times with a remainder of 1.
Write down 1 as next digit of of the result. 
Result so far: 1
Subtract 3 from 4 to get 1.
Bring next digit (6) of the dividend behind the 1 and repeat the process: 16 / 3

Step 2:
3 goes into 16 5 times with a remainder of 1.
Write down 5 as next digit of of the result. 
Result so far: 15
Subtract 15 from 16 to get 1.
Bring next digit (7) of the dividend behind the 1 and repeat the process: 17 / 3

Step 3:
3 goes into 17 5 times with a remainder of 2.
Write down 5 as next digit of of the result. 
Result so far: 155
Subtract 15 from 17 to get 2.
Bring next digit (0) of the dividend behind the 2 and repeat the process: 20 / 3

Step 4:
3 goes into 20 6 times with a remainder of 2.
Write down 6 as next digit of of the result. 
Result so far: 1556
Subtract 18 from 20 to get 2.
Bring next digit (3) of the dividend behind the 2 and repeat the process: 23 / 3

Step 5:
3 goes into 23 7 times with a remainder of 2.
Write down 7 as next digit of of the result. 
Result so far: 15567
Subtract 21 from 23 to get 2.

The final result is 15567 with a remainder of 2.