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\begin{array}{c}\phantom{\times9999}10000\\\underline{\times\phantom{9999}98765}\\\end{array}
First line up the numbers vertically and match the places from the right like this.
\begin{array}{c}\phantom{\times9999}10000\\\underline{\times\phantom{9999}98765}\\\phantom{\times9999}50000\\\end{array}
Now multiply the first number with the 1^{st} digit in 2^{nd} number to get intermediate results. That is Multiply 10000 with 5. Write the result 50000 at the end leaving 0 spaces to the right like this.
\begin{array}{c}\phantom{\times9999}10000\\\underline{\times\phantom{9999}98765}\\\phantom{\times9999}50000\\\phantom{\times999}60000\phantom{9}\\\end{array}
Now multiply the first number with the 2^{nd} digit in 2^{nd} number to get intermediate results. That is Multiply 10000 with 6. Write the result 60000 at the end leaving 1 spaces to the right like this.
\begin{array}{c}\phantom{\times9999}10000\\\underline{\times\phantom{9999}98765}\\\phantom{\times9999}50000\\\phantom{\times999}60000\phantom{9}\\\phantom{\times99}70000\phantom{99}\\\end{array}
Now multiply the first number with the 3^{rd} digit in 2^{nd} number to get intermediate results. That is Multiply 10000 with 7. Write the result 70000 at the end leaving 2 spaces to the right like this.
\begin{array}{c}\phantom{\times9999}10000\\\underline{\times\phantom{9999}98765}\\\phantom{\times9999}50000\\\phantom{\times999}60000\phantom{9}\\\phantom{\times99}70000\phantom{99}\\\phantom{\times9}80000\phantom{999}\\\end{array}
Now multiply the first number with the 4^{th} digit in 2^{nd} number to get intermediate results. That is Multiply 10000 with 8. Write the result 80000 at the end leaving 3 spaces to the right like this.
\begin{array}{c}\phantom{\times9999}10000\\\underline{\times\phantom{9999}98765}\\\phantom{\times9999}50000\\\phantom{\times999}60000\phantom{9}\\\phantom{\times99}70000\phantom{99}\\\phantom{\times9}80000\phantom{999}\\\underline{\phantom{\times}90000\phantom{9999}}\\\end{array}
Now multiply the first number with the 5^{th} digit in 2^{nd} number to get intermediate results. That is Multiply 10000 with 9. Write the result 90000 at the end leaving 4 spaces to the right like this.
\begin{array}{c}\phantom{\times9999}10000\\\underline{\times\phantom{9999}98765}\\\phantom{\times9999}50000\\\phantom{\times999}60000\phantom{9}\\\phantom{\times99}70000\phantom{99}\\\phantom{\times9}80000\phantom{999}\\\underline{\phantom{\times}90000\phantom{9999}}\\\phantom{\times}987650000\end{array}
Now add the intermediate results to get final answer.