(1) All statutes and rules of this state that apply to evidentiary considerations in adult criminal proceedings shall apply to proceedings under this title except as otherwise specifically provided.
(2) In any case brought under this title, the credibility of any witness may be challenged because of his or her prior adult felony convictions and juvenile felony adjudications. The fact of such conviction or adjudication may be proved either by the witnessthrough testimony or by other competent evidence.
(3) Prior to the juvenile resting his or her case, the trial court shall advise the juvenile outside the presence of the jury that:
(a) He or she has a right to testify in his or her own behalf;
(b) If he or she wants to testify, no one, including his or her attorney, can prevent the juvenile from doing so;
(c) If he or she testifies, the prosecutor will be allowed to cross-examine him or her;
(d) If he or she has been convicted or adjudicated for a felony, the prosecutor shall be entitled to ask him or her about it and thereby disclose it to the jury;
(e) If a felony conviction or adjudication is disclosed to the jury, the jury can be instructed to consider it only as it bears upon his or her credibility;
(f) He or she has a right not to testify and that, if he or she does not testify, the jury shall be instructed about such right.