Somehow Windows has not "recognized" the second Partition. In fact, this may be as simple as it has failed to assign it a letter name. If that's the case you can fix easily.
You need to use a built-in tool called Disk Management. Click on Start at the bottom left and RIGHT-click on My Computer and choose Manage from the mini-menu. This will open the Computer Management window. Expand its structure in the left pane if necessary and click on Disk Management. The right portion will split into two panes, upper and lower. BOTH can scroll to show you all they have.
The UPPER RIGHT pane shows you all the drives that Windows does understand and can use right now. You should concentrate on the LOWER RIGHT pane which shows you all the hardware devices in the machine that are working, including devices that Windows does not fully understand. In this pane each HDD is represented by a horizontal block with a small label sub-block at its left end showing the disk identifier like "DISK 2", a disk type, a size like "230 GB", and a status. To its right will be one or more sub-blocks (in your case, I expect two) each representing one Partition on the device. In each of these sub-blocks there will be more info specific to the Partition - a Volume Name like "My Disk" or whatever, a letter name like "E:", a Partition size like "120 GB", a File System like "NTFS", and a status. Look closely at the two Partition blocks, particularly at the letter names assigned to each. My guess is that the "missing" second Partition does not have a letter. If that is the case, you can RIGHT-click on that block and choose to assign a letter to it. You will be allowed any letter name not already in use. Choose one, then back out of this and reboot. Windows will update its Registry and you should see that "drive" (Partition, really) in My Computer.
If that is not what you find - for example, if the sub-block is marked with a file System called "RAW" - do NOT Format that "drive" (Partition). A Format will wipe out all it contains. There are ways to recover data from a RAW File System Partition, so post here if you find that and need more help. But I'm hopeful the letter assignment step will solve your problem.