I want to show that every element in the field of fractions of $K[[X]]$ can be written as $\sum_{k=-n}^\infty a_kX^k$ where $a_k\in K, n\in\mathbb{Z}$.
My first attempt was to rewrite
$\displaystyle \frac{\sum_{i=0}^\infty a_iX^i}{\sum_{j=0}^\infty b_jX^j}=\lim_{N\to \infty}\frac{\sum_{i=0}^N a_iX^i}{\sum_{j=0}^N b_jX^j}$
where I am not completely sure, if this is correct. I know that I can write an element of $R[[X]]$ where $R$ is a ring like this. Then I tried polynomial division and some similar things. Also I know that if $b_0$ would be not zero, I can invert the whole polynomial and arrive at the conclusion, even with $n=0$.
However, I was not able to progress from here.