The podcast continues. In this chapter, Pastor Bonar addresses the topic: The Righteousness of God Reckoned to Us
You can listen to the episode here, or at any of the podcast directories linked at the bottom of the page.
This righteousness is “reckoned” or “imputed” to all who believe; so that they are treated by God as if it were actually theirs. They are entitled to claim all that which such righteousness can merit from God, as the Judge of righteous claims. It does not become ours gradually, or in fragments or drops; but is transferred to us all at once. It is not that so much of it is reckoned to us (so much to account, as men in business say) in proportion to the strength of our faith, or the warmth of our love, or the fervor of our prayers; but the whole of it passes over to us by imputation: we are “accepted in the Beloved” (Eph 1:6); we are “complete in Him, who is the head of all principality and power” (Col 2:10). In its whole quality and quantity it is transferred to us. Its perfection represents us before
Horatius Bonar, The Everlasting Righteousness
God; and its preciousness, with all that that preciousness can purchase for us, henceforth belongs to us (1 Pet 1:7).