48426 ÷ 4 = 12106 R2
Let's divide 48426 by 4.

Step 1:
4 goes into 4 1 times with a remainder of 0.
Write down 1 as next digit of of the result. 
Result so far: 1
Subtract 4 from 4 to get 0.
Bring next digit (8) of the dividend behind the 0 and repeat the process: 8 / 4

Step 2:
4 goes into 8 2 times with a remainder of 0.
Write down 2 as next digit of of the result. 
Result so far: 12
Subtract 8 from 8 to get 0.
Bring next digit (4) of the dividend behind the 0 and repeat the process: 4 / 4

Step 3:
4 goes into 4 1 times with a remainder of 0.
Write down 1 as next digit of of the result. 
Result so far: 121
Subtract 4 from 4 to get 0.
Bring next digit (2) of the dividend behind the 0 and repeat the process: 2 / 4

Step 4:
4 goes into 2 0 times with a remainder of 2.
Write down 0 as next digit of of the result. 
Result so far: 1210
Subtract 0 from 2 to get 2.
Bring next digit (6) of the dividend behind the 2 and repeat the process: 26 / 4

Step 5:
4 goes into 26 6 times with a remainder of 2.
Write down 6 as next digit of of the result. 
Result so far: 12106
Subtract 24 from 26 to get 2.

The final result is 12106 with a remainder of 2.