A few things I noticed:
1. Since you're a beginner, you may not be aware of programming language style guidelines, but they are important. As such, your variables should not be capitalized. The compiler doesn't care about it, but other programmers do. It may seem trivial to you at this stage, but if you stick with programming for awhile, you'll recognize the benefit. You should ask your instructor about them, or search Google for more information.
2. The 'CheckAvailability' method should return the value of the class variable 'available'. That's all. It's unfortunate that your assignment doesn't require it's use. Actually, I think this is a poor assignment to give to any student. I understand why you don't know how to implement 'CheckAvailability'. Since your task is to create a library, you should have the ability to checkout items and return items. Since you are not required to implement that functionality, it really doesn't make much sense to check the availability of an item. Perhaps you will be extending this assignment in the coming weeks.
3. In the second line of the ReadInfo method, you make an unnecessary assignment:
Since you are going to read in a value from the user and assign it to 'X', you don't need to assign it any value before that.
4. In the ReadInfo method, you have two consecutive and related 'if' statements. In this case, the second if statement should be an 'else if':
Code:
if (X == 1)
available=true;
else if (X == 0)
available=false;
5. In the PrintInfo method, there are a couple things that should be changed. First, you should use an 'else' instead of the second 'if' statement. The values of 'available' can only be true or false.
The second thing that can be changed is the expression in the 'if' statement. Since the 'if' statement will evaluate the expression in parentheses to obtain a boolean value (true or false), you don't need to compare the value of 'available' to anything because it is defined as a boolean type. So you could do this instead:
Code:
if (available)
System.out.println("The book is available");
else
System.out.println("The book is not available");