Editing Pre-recorded Podcast Audio with Two Tracks

I am new to using Audition and wanted to know how to go about editing a podcast where multiple pre-recorded tracks are used. I have one mic and my co host has another. Is it possible to sync them together or do I have edit each one individually in multi track form? I guess my main question is if I am using multi track to do I have to consistently cut audio from one mic when the other person is speaking on the other track when it's both the same audio just different mics?