No, the equation is not balanced, because you do not have the same number of atoms for each element on both the reactants', and the products' side.
You have 1
Oxygen is now balanced, but you have disrupted the carbon balance. Since 2
As a side note, I believe the more suited equation for this reaction is
You could practice your chemical equations balancing skills on the first one as well.
Here is an example of an equation which is balanced, plus a discussion of why equations must be balanced and strategies you can use to balance an equation.
video from: Noel Pauller