Here's my current situation. I've got 14/2 to the ceiling. The hot wire has a runner, which runs down to the switch, and the other wire is a switched hot, back to the light. The other side of the light is connected back to the 14/2 back to the breaker.
Some genius in the past, replaced the light switch with a switch receptacle combo. Instead or re-running a 14/3, they simply went hot to the receptacle, and jumpered the neutral side straight to ground. I have disconnected this, but now have a non-functional receptacle where I really need one.
I know I need to run a 14/3 down to the switch, and can easily make this work in a way that is safe and functional. But, I'd also like it to be correct, so that no future person runs into any surprises.
So, what are the appropriate colours to use in my B/W/R 14/3?
I figure it should be a B-B wirenut in the ceiling, run the black to Switch. R Should be the switched hot to the light, and the light back to Line Neutral (White).
Now, for the receptacle, I can take the line off the hot to the switch, and run the free white runner back to line Neutral.
Is this correct? What would an experienced electrician think if he came across that in the future?
EDIT: In the second diagram, the neutral and the ground are not connected.
RESOLVED: Had to break drywall to get it done which led to a patch job. The old wire was stapled to the studs and I had to release it to use it as a fish. Marked the red with electrical tape.