hey javanoob101,
you have one "monster" class. since you want more than one monster showing on your screen, you instantiate multiple instances of monster class. so, there is one single class, but multiple instances of it.
now, when you do the instantiation, you store all instances on an array. and, inside your class, you could have some boolean variable that is initially true, but turns false once a bullet hits an instance of it. as a result, your machine knows when to print the actual instance of monster and when not.
as I myself am more of a beginner that an experienced programmer, I think I'd share my understanding of solutions offered as beginners are more likely to understand one another than experts :P