48708 ÷ 4 = 12177 R0
Let's divide 48708 by 4.

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

Step 2:
4 goes into 8 2 times with a remainder of 0.
Write down 2 as next digit of of the result. 
Result so far: 12
Subtract 8 from 8 to get 0.
Bring next digit (7) of the dividend behind the 0 and repeat the process: 7 / 4

Step 3:
4 goes into 7 1 times with a remainder of 3.
Write down 1 as next digit of of the result. 
Result so far: 121
Subtract 4 from 7 to get 3.
Bring next digit (0) of the dividend behind the 3 and repeat the process: 30 / 4

Step 4:
4 goes into 30 7 times with a remainder of 2.
Write down 7 as next digit of of the result. 
Result so far: 1217
Subtract 28 from 30 to get 2.
Bring next digit (8) of the dividend behind the 2 and repeat the process: 28 / 4

Step 5:
4 goes into 28 7 times with a remainder of 0.
Write down 7 as next digit of of the result. 
Result so far: 12177
Subtract 28 from 28 to get 0.

The final result is 12177 with a remainder of 0.