OK 10ndayii, let's try this:
Stereo recording is a way to use 2 or more mics to create a model of what you would have heard if you had been in the room when the sound was recorded. It is not an electronic decision. Your 2 ears don't hear the same thing at the same time. If a sound is to your left, it gets to your left ear before the right, and is louder on the left than the right. Your brain interprets these sounds so you know the sound is coming from your left.
Of course, stereo recording is only a model. If we do spaced stereo recording, the mics may be 10' apart. You could never hear that exact sound, because your ears aren't 10' apart. The most accurate form of stereo recording is binaural, where 2 small mics, with diaphragms similar to your eardrums, are placed in a dummy head. But- "most accurate" doesn't mean "best" necessarily.
The point is- stereo sound is all about what you hear on the left and right speaker that is *not* the same. When mixing, we "pan" the tracks, just like a camera "pans" across a scene. Some stuff goes to the left, some to the right, and some equally to both sides (this is called "down the middle"). Some things may be sent to both sides, but one more than the other. When a track is mostly or entirely on the right side, we call it panned "hard" right. If it's more like 60/40, we would call it panned "soft".
If exactly the same thing is coming out of 2 speakers, it is called 2-channel mono. This is what you hear on AM radio, which does not have stereo broadcast capability. That's one reason why a good mixing engineer will always check to make sure his mix sounds OK in mono, in case it actually makes it to an AM radio. Ir's happened to me. (Yay!). A lot of recording software lets you set up tracks as "mono" or "stereo". This is bogus. If you only have one track, it is a mono track.
For the record, the "classic" rock mix for most of the 60's was to send guitars to one side, vocals to the other, with bass and drums down the middle. That's the basic rudimentary rock mix. Note that by using changes in panning during the mix, you can create stereo mixes that can't exist in real acoustic space. This is the musical equivalent of an M.C. Escher painting. It drives classical musicians nuts.
Note that headphones muddy up the water quite a bit. In a real room, there is damned little that you hear in one ear, that you don't hear in the other. If you do, it's probably a bug in your ear. But- if I pan something hard, with headphones, you really only hear it in one ear. This is one of several reasons why good mixing engineers use monitor speakers, not headphones, for mixing.
Hope that makes it clearer.