Quick Cake Doughnuts

1/4 c Butter or margarine; softened

1 c Sugar

1 ea Egg

1 t Baking soda

1 c Buttermilk

4 c All-purpose flour

1 t Baking powder

Vegetable oil

2 c Sifted sugar

2 tb Milk

Cream butter; gradually add sugar, beating well. Add egg; beat well. Dissolve soda in buttermilk. Combine flour and baking powder; add to creamed mixture alternately with buttermilk mixture, beginning and ending with the flour mixture. Divide the dough in half. Working with one portion at a time, place dough on a floured surface; roll out to 1/4-inch thickness. Cut dough with a floured doughnut cutter. Heat 3 to 4 inches of oil to 375 degrees F; drop in 3 or 4 doughnuts at a time. Cook about 1 minute or until golden brown on one side; turn and cook other side about 1 minute. Drain on paper towels. Combine powdered sugar and milk, beating well; drizzle over warm doughnuts.

Note: Doughnuts may be sprinkled with a cinnamon-sugar mixture or powdered sugar instead of the powdered-sugar glaze.