23464 ÷ 5 = 4692 R4
Alright, let's work through the division of 23464 by 5 step by step.

Step 1:
5 goes into 2 0 times with a remainder of 2.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 2 to get 2.
Bring next digit (3) of the dividend behind the 2 and repeat the process: 23 / 5

Step 2:
5 goes into 23 4 times with a remainder of 3.
Write down 4 as next digit of of the result. 
Result so far: 4
Subtract 20 from 23 to get 3.
Bring next digit (4) of the dividend behind the 3 and repeat the process: 34 / 5

Step 3:
5 goes into 34 6 times with a remainder of 4.
Write down 6 as next digit of of the result. 
Result so far: 46
Subtract 30 from 34 to get 4.
Bring next digit (6) of the dividend behind the 4 and repeat the process: 46 / 5

Step 4:
5 goes into 46 9 times with a remainder of 1.
Write down 9 as next digit of of the result. 
Result so far: 469
Subtract 45 from 46 to get 1.
Bring next digit (4) of the dividend behind the 1 and repeat the process: 14 / 5

Step 5:
5 goes into 14 2 times with a remainder of 4.
Write down 2 as next digit of of the result. 
Result so far: 4692
Subtract 10 from 14 to get 4.

The final result is 4692 with a remainder of 4.