Question: Problem 1. Develop a Java application that will determine whether any of several department-store customers has exceeded the credit limit on a charge account. For
Problem 1. Develop a Java application that will determine whether any of several department-store customers has exceeded the credit limit on a charge account. For each customer, the following facts are available: a) account number b) balance at the beginning of the month c) total of all items charged by the customer this month d) total of all credits applied to the customers account this month e) allowed credit limit. The program should input all of these facts as integers, calculate the new balance (= beginning balance + charges credits), display the new balance and determine whether the new balance exceeds the customers credit limit. For those customers whose credit limit is exceeded, the program should display the message "Credit limit exceeded".
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