THE PROFIT COLUMN VERSUS THE PRECIOUSNESS OF CHRIST
January 5, 2002
INTRODUCTION: This passage speaks very clearly of a
religious man that opened his accounting books to
evaluate his spiritual wealth only to discover that
apart from a personal relationship with the Lord Jesus
Christ, through repentance of sin and faith in
Christ's finished work on the cross, everything he
lived for and possessed was only refuse (dung).
This morning, I want us to take a look at our
spiritual ledgers and check our profit and loss
columns, our assets and liabilities. It's time for an
Remember, each of us must give a FINAL ACCOUNTING
2 Corinthians 5:10, "For we must all appear before the
judgment seat of Christ, that each one may receive the
things done in the body, according to what he has
done, whether good or bad."
I. PROFITS AND LOSSES. 7
"gain" - an accounting term that means profit; after
itemizing his accomplishments according to the flesh,
Paul, using a plural form for gain, stressing the many
gains (4-6) lays them out for personal evaluation.
"loss" - also an accounting term used to describe a
business loss. Paul used the language of business to
describe the spiritual transaction that occurred when
Christ redeemed him.
Listen carefully, all of his religious credentials
that he thought were in his profit column, were
actually worthless. Therefore, he put them in his
loss column when he saw the glories of Christ.
Don't forget; "profit" - asset; anything owned that
When Paul was introduced to Jesus Christ, he realized
how futile were his good works and how sinful were his
claims of righteousness, a wonderful transaction took
place. Paul lost some things, but he gained more than
he lost. The TRANSACTION became a TRANSFORMATION.
What was so important from an outside view now paled
in comparison with what happened on the insid ...
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