For a full recording set up tracking drums, guitar, bass, vocals how would you recommend panning everything? Is there a right or wrong way to do it?
It's entirely up to personal taste.

If you're doing metal it's normal double tracked guitars band 70-100 each way. Bass and vox in the centre and drums are a whole another matter in themselves. But there are tonnes of commonly accepted drum panning patterns. Most Drum Machine VST will auto pan them anyway
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Quote by DisarmGoliath
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Yeah, bass, vocals and kick drum are usually straight down the middle, but there's no hard and fast rule for the rest of the parts. It's a feeling thing, I guess, it's different from song to song. As long as everything has its own space and nothing's being swamped, you can't go too far wrong.
When I've got a full 'band' of instruments, I like to pan them as if I was listening/watching a band play live. So the drums are not spread out too far, for example.
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