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.

The old account was large, and growing every day,
For I was always sinning, and never tried to pay;
But when I looked ahead, and saw such pain and woe,
I said that I would settle, I settled long ago.

Refrain

When in that happy home, my Savior’s home above,
I’ll sing redemption’s story, and praise Him for His love;
I’ll not forget that book, with pages white as snow,
Because I came and settled, and settled long ago.

Refrain

O sinner, trust the Lord, be cleansed of all your sin,
For thus He hath provided for you to enter in;
And then if you should live a hundred years below,
Up there you’ll not regret it, you settled long ago.

Refrain