Alright, ready to do some subtraction? We're taking 771943 and subtracting 79261 from it.

Step 1: We'll start by subtracting the digit 1 and the borrow 0 from 3 in column 1 and get 2.
2 is the first digit of our result.

Step 2: We'll start by subtracting the digit 6 and the borrow 0 from 4 in column 2 and get -2.
We add -2 to 10 and get 8 as the next digit of the result.

Step 3: We'll start by subtracting the digit 2 and the borrow 1 from 9 in column 3 and get 6.
6 is the next digit of our result.

Step 4: We'll start by subtracting the digit 9 and the borrow 0 from 1 in column 4 and get -8.
We add -8 to 10 and get 2 as the next digit of the result.

Step 5: We'll start by subtracting the digit 7 and the borrow 1 from 7 in column 5 and get -1.
We add -1 to 10 and get 9 as the next digit of the result.

Step 6: We'll start by subtracting the digit 0 and the borrow 1 from 7 in column 6 and get 6.
6 is the next digit of our result.

So, 771943 - 79261 = 692682.