48677 ÷ 2 = 24338 R1
Alright, let's work through the division of 48677 by 2 step by step.

Step 1:
2 goes into 4 2 times with a remainder of 0.
Write down 2 as next digit of of the result. 
Result so far: 2
Subtract 4 from 4 to get 0.
Bring next digit (8) of the dividend behind the 0 and repeat the process: 8 / 2

Step 2:
2 goes into 8 4 times with a remainder of 0.
Write down 4 as next digit of of the result. 
Result so far: 24
Subtract 8 from 8 to get 0.
Bring next digit (6) of the dividend behind the 0 and repeat the process: 6 / 2

Step 3:
2 goes into 6 3 times with a remainder of 0.
Write down 3 as next digit of of the result. 
Result so far: 243
Subtract 6 from 6 to get 0.
Bring next digit (7) of the dividend behind the 0 and repeat the process: 7 / 2

Step 4:
2 goes into 7 3 times with a remainder of 1.
Write down 3 as next digit of of the result. 
Result so far: 2433
Subtract 6 from 7 to get 1.
Bring next digit (7) of the dividend behind the 1 and repeat the process: 17 / 2

Step 5:
2 goes into 17 8 times with a remainder of 1.
Write down 8 as next digit of of the result. 
Result so far: 24338
Subtract 16 from 17 to get 1.

The final result is 24338 with a remainder of 1.