Pressure Transmitter Connection

Hi to All
I have 3 wires pressure transmitter 4-24mA and want to connect it to analog to digital module .How should I connect it?.The transmitter's wires are as follow : black=GND, green=output,red=power.
Let we say we will connect it to CH0(please look to attachments) if I connect GND wire to Com terminal,red wire to +24 VDC ,and green wire to I0 with jumper between V&I would this connection be correct or incorrect?
I will be very thankful to any help.

Looks right. I'd prefer to also have both the power supply negative and the analog input commons tied to earth ground to prevent drift on the analog input signal.

Thank You Bit_Bucket_07 very much.I appreciate highly your help.