Let $R$ be a nontrivial ring with unity and consider the formal power series ring $R[X]$ over $R$. Let $X$ be the element of $R^{\mathbf{N}}$ for which $X_1=1$ and $X_n=0$ for all $n\ne 1$. Then for every polynomial $p\in R[X]$, there exists a unique $n\in\mathbf{N}$ such that $p_k=0$ for all $n<k$ and $$p=\sum_{k=0}^np_kX^k.$$
Let $p,q\in R[X]$ be polynomials. I want to prove that $$\left(\sum_{k=0}^np_kX^k\right)\left(\sum_{j=0}^mq_jX^j\right)=\sum_{k=0}^{n+m}\left(\sum_{j=0}^kp_jq_{k-j}\right)X^k.$$
Attempt:
$$\begin{align*} \left(\sum_{k=0}^np_kX^k\right)\left(\sum_{j=0}^mq_jX^j\right)&=\sum_{k=0}^n\sum_{j=0}^mp_kX^kq_jX^j\\ &=\sum_{k=0}^n\sum_{j=0}^mp_kq_jX^{j+k}. \end{align*}$$ I am unable to proceed further than this. I probably have to perform an index shift, but I can't see it. Any hints?
Edit:
Actually I think the identity, as it stands, is incorrect. What should the first summation interval be? $[0,n+m]$?

