The document discusses the components of a balance sheet for the Pandawa Wholesale Supply company as of December 31, 2012. A balance sheet reports a company's assets, liabilities, and owner's equity on a specific date. Pandawa Wholesale Supply's balance sheet lists current assets such as cash, accounts receivable, and inventories totaling $135,350,000, non-current assets such as equipment totaling $54,000,000, current liabilities including accounts payable and expenses payable totaling $36,500,000, long term liabilities including bank loans of $52,850,000, and owner's equity of $100,000,000, with total assets equaling