Thanks so much to all of you who provided your instructions - amazing to have this forum with so many helpful members. My laptop is connected to stereo amplifier. I manage to record my guitar with the tracks I created. I found an old (and cheap) audio interface (enabled Mic for Recording) and Spks for Playback. Will shop around for a decent Audio interface - spoilt for choice with varying prices. I should also share this experience: I managed to do the above with my older Acer laptop but not successful with my newer Lenovo Laptop. Can't figure out why. And by the way, the Lenovo and newer laptops only has the headphone jack but not mic - also, the playback on this Lenovo has the headphone enabled (doesnt work with Speakers when connected to the amplifier). Thanks again to all for sharing your expertise.

David