Sharon,
If you want to use this device in loop powered, 4-20 mA output, you will need to wire the 24 VDC power supply to the V and C terminals of the cFP-AI-110. Then, wire the VSup terminal of the AI-110 to the + terminal of PX series,and the Iin terminal of the cFP to the - terminal of the PX series.(see page 7-Figure 7 of the manual linked below).
http://www.ni.com/pdf/manuals/323280a.pdf
Note that you could also use your device in 3 wire, voltage mode as indicated in figure 5-page 6.
Regards,
Cyril Bouton
Applications Engineer
National Instruments
Cyril Bouton
Active LabVIEW Developper