ExercisesE 12-16 (10-15 min.)260210.05400000ABCDSemiannual Interest PeriodCash PaymentInterest ExpenseDecrease in PrincipalPrincipal Balance(D) x 10% x 6/12(A) - (B)(D) - (C)January 1, 2007June 30, 2007December 31, 2007June 30, 2008December 31, 2008June 30, 2009b.JournalDateAccounts and ExplanationsPost Ref.DebitCredit2007Jan 1Jun 30 ...