Software to record Voip

Say, using Windows7. We would like to play back old audio cassettes into the microphone jack of the PC and record the audio and edit it going forward. Please suggest software to do the recording and the editing.
Thank you
Who is Participating?
Imtiaz HashamConnect With a Mentor Technical Director / IT ConsultantCommented:
It has a recording feature
Imtiaz HashamTechnical Director / IT ConsultantCommented:
Try Audacity
shaunwinginAuthor Commented:
I know its good for editing but does it record?
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