Assets 33,000
Liabilites ?
Stock issurance 6,000
Net income 6,950
Cash dividends 3,500

Equity = Stock + Net Income - Dividends

Liabilities = Assets - Equity

Could you give me the answer please, so I can confirm I am doing it correctly

Give us YOUR answer and we'll confirm. Did you follow the formula?

Owners Equity should be $9,450
Liabilities should be $23,550

That's exactly what I have, but its showing incorrect.

Is there a missing step?
Please help!

Double check your problem. You may have missed some information or the amounts you posted are different from your problem.

Company A
December 31, 2010
Assets $ 30,000
Liabilities 24,600
December 31, 2011
Assets 33,000
Liabilities ?
During year 2011
Stock issuances 6,000
Net income (loss) 6,950
Cash dividends 3,500

Beginning 2011 Equity = Ending 2010 Assets of $30,000 - Ending 2010 Liabilities of $24,600 = $5,400

Beginning Equity of $5,400 + Stock issued of $6,000 + (Net Income of $6,950 - Cash Dividends of $3,500) = Ending 2011 Equity of $14,850

Ending 2011 Liabilities = Ending Assets of $33,000 - Ending Equity of $14,850 = $18,150

I had that one correct. Thanks
What is the amount of equity on December 31, 2011?
What is the amount of liabilities on December 31, 2011?

See my previous post for the amounts.