Let $K$ be a field and $K[x,x^{-1}] \subset K(x)$ the ring of Laurent polynomials.
How to show that $K[x,x^{-1}] \cong K[x,y]/(xy-1)$?
My idea was:
Firstly, I noticed that:
Let $\varphi: K \to K[x,x^{-1}]$ be a ring homomorphism and $\sigma: \mathbb{Z} \to K[x,x^{-1}], k \mapsto x^k$. So $K[\mathbb{Z}] \cong K[x,x^{-1}]$. Since it's an equivalence relation it has to be shown that
$\Phi:K[x,y]\to K[x,x^{-1}], \sum \limits_{(m,n)\in \mathbb{N^2}}^{< \infty} a_{m,n}x^my^n \mapsto \sum \limits_{(m,n)\in \mathbb{N^2}}^{< \infty} a_{(m,n)}x^my^{-n}$ is a ring epimorphism with $\mathrm{ker}(\Phi)=(xy-1) \vartriangleleft K[x,y]$.
Now I don't know what to do next.
Is this way correct?
Or is there another possibility to show the isomorphism?