48231 ÷ 2 = 24115 R1
Alright, let's work through the division of 48231 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 (2) of the dividend behind the 0 and repeat the process: 2 / 2

Step 3:
2 goes into 2 1 times with a remainder of 0.
Write down 1 as next digit of of the result. 
Result so far: 241
Subtract 2 from 2 to get 0.
Bring next digit (3) of the dividend behind the 0 and repeat the process: 3 / 2

Step 4:
2 goes into 3 1 times with a remainder of 1.
Write down 1 as next digit of of the result. 
Result so far: 2411
Subtract 2 from 3 to get 1.
Bring next digit (1) of the dividend behind the 1 and repeat the process: 11 / 2

Step 5:
2 goes into 11 5 times with a remainder of 1.
Write down 5 as next digit of of the result. 
Result so far: 24115
Subtract 10 from 11 to get 1.

The final result is 24115 with a remainder of 1.