Connect the red and white RCA cables coming from your turntable into the red and white "Phono In" jacks on the back of the stereo receiver, then attach the grounding wire to the receiver's grounding post. Connect the red and white RCA end of the RCA to 1/8th inch jack cable into the "Tape Out" red and white jacks, and then the 8th inch end into your computer's "Line In" jack on its soundcard. Select the "Phono" input on the stereo receiver. Plug in the power cables for all of these devices, then power them up.
Open Windows Sound Recorder by clicking "Start," "All Programs," and "Accessories," then clicking "Sound Recorder" from the drop-down list that appears. This program will record incoming audio and will save it to a specified location on your internal drive. There are a number of other programs, such as Audacity, or GarageBand for Mac users, that you can use to record the audio onto your hard disc as well.
Place a record on the turntable and press "Play," then immediately press the "Start Recording" button on the Windows Screen Recorder screen. This will begin the transfer process of the audio into digital format. Notice that there is a horizontal level indicator, which should always be in the green. If it reaches red, reduce the volume on your stereo receiver to turn the input level down. Press "Stop Recording" when the record has played to its entirety.
Save the recorded audio when the "Save As" screen appears. Select the desired output folder from the top of the screen, enter the title of the song as the name of the file, and then click on "Save." Repeat steps three and four until each song from the album has been recorded separately.
Insert a blank CD into your recordable CD-R drive, then select "Burn a CD Using Windows Media Player" when the "AutoPlay" screen appears. Windows Media Player will allow you to add the recorded audio tracks to CD.
Click the "Burn" tab to burn the audio onto CD, then open the file location to which you saved the recordings in step four. Click and drag the file to the right side of the Windows Media Player screen. This will add the file to the "Burn List." Click "Start Burn," and your disc will eject upon completion.