Homemade Glazed Doughnuts

Ingredients:
1 c. confectioners' sugar
2 Tbsp. water
Vegetable oil for cooking
1 pkg. (7.5 oz.) refrigerated biscuits (10 biscuits)

Directions:
In a small bowl, combine the confectioners' sugar and water; mix well to make glaze; set aside.

In a soup pot, heat 1 inch of oil over hight heat until hot but not smoking.  Seperate biscuits and lay flat on a cutting board.  Using an apple corer or sharp knife, cut out a small circle in the center of each biscuit, forming doughnut shapes.

Cook in batches in the hot oil for about 1 minute per side, or until golden brown.  Drain on a paper towel-lined baking sheet.  While still hot, dip doughnuts in glaze, turning to coat completely.  Place on a wire rack that has been placed over a baking sheet to allow excess glaze to drip off.  Serve warm.