1 There was a time on earth when in the book of heav'n,
An old account was standing for sins yet unforgiv'n'
My name was at the top, and many things below,
I went unto the Keeper, and settled long ago.

Refrain:
Long ago (down on my knees)
Long ago (I settled it all)
Yes, the old account was settled long ago (Hallelujah)
And the record's clear today, for
He washed my sins away,
When the old account was settled long ago.

2 When at the judgment bar I stand before my King,
And He the book will open He cannot find a thing;
Then will my heart be glad, while tears of joy will flow,
Because I had it settled, and settled long ago. [Refrain]

3 O, sinner, seek the Lord, repent of all your sin,
For thus He has commanded, if you would enter in;
And then if you should live a hundred years below,
E'en here you'll not regret it, you settled long ago. [Refrain]