Philemon 17-20 – So if you consider me your partner, receive him as you would receive me. If he has wronged you at all, or owes you anything, charge that to my account. I, Paul, write this with my own hand: I will repay it—to say nothing of your owing me even your own self. Yes, brother, I want some benefit from you in the Lord. Refresh my heart in Christ.

A. The Glorious Work of Imputed Righteousness

1. the imputation of Adam’s sin and guilt to us – Romans 5:12-14; Romans 5:17

2. The imputation of our sin and guilt on Christ – Isaiah 53:6; 2 Corinthians 5:21; hebrews 9:28; 1 Peter 2:24

3. The imputation of Christ’s Righteousness to us – Romans 4:20-25; Romans 5:17; 1 Corinthians 1:30

B. The Glorious Blessings from Imputed Righteousness

1. All Spiritual Blessings – Ephesians 1:3, Ephesians 1:6; 2 Peter 1:3-5

2. Chosen by the Father for the Son – Ephesians 1:4-5; John 17:2, John 17:6, John 17:9, John 17:24

3. Adopted into God’s eternal family – Ephesians 1:5; Romans 8:14-16; Galatians 4:6-7

4. Purchased off the slave market of sin – Ephesians 1:7; Mark 10:45

5. Forgiven all trespasses – Ephesians 1:7; Psalm 103:10-12

6. Given an eternal inheritance – Ephesians 1:11; 1 Peter 1:3-4

7. Assured by the Spirit’s Seal – Ephesians 1:13; John 14:15-17