48543 ÷ 7 = 6934 R5
Alright, let's work through the division of 48543 by 7 step by step.

Step 1:
7 goes into 4 0 times with a remainder of 4.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 4 to get 4.
Bring next digit (8) of the dividend behind the 4 and repeat the process: 48 / 7

Step 2:
7 goes into 48 6 times with a remainder of 6.
Write down 6 as next digit of of the result. 
Result so far: 6
Subtract 42 from 48 to get 6.
Bring next digit (5) of the dividend behind the 6 and repeat the process: 65 / 7

Step 3:
7 goes into 65 9 times with a remainder of 2.
Write down 9 as next digit of of the result. 
Result so far: 69
Subtract 63 from 65 to get 2.
Bring next digit (4) of the dividend behind the 2 and repeat the process: 24 / 7

Step 4:
7 goes into 24 3 times with a remainder of 3.
Write down 3 as next digit of of the result. 
Result so far: 693
Subtract 21 from 24 to get 3.
Bring next digit (3) of the dividend behind the 3 and repeat the process: 33 / 7

Step 5:
7 goes into 33 4 times with a remainder of 5.
Write down 4 as next digit of of the result. 
Result so far: 6934
Subtract 28 from 33 to get 5.

The final result is 6934 with a remainder of 5.