In a large bowl whisk together the dry ingredients. In a separate bowl whisk together the milk, butter, and egg. Gently fold the wet mixture into the dry mixture - don't over mix!
Spoon mixture into prepared doughnut pan, and bake for 10-11 minutes, or until the doughnuts spring back when lightly pressed. Allow doughnuts to cool a few minutes in the pan before transferring to a wire wrack to cool completely.
As the donuts cool, make your frosting(s).
In a medium sized mixing bowl combine powdered sugar, heavy cream, and vanilla. Mix well. The frosting should be very thick, but easily spreadable. If it's too thick, add a small amount of cream until it reaches your desired consistency.
In a separate medium-sized mixing bowl combine powdered sugar, cocoa powder, and cream. Mix well. The frosting should be thinner than the vanilla frosting, add extra cream as needed.
Once donuts have completely cooled, generously frost the tops of each with the vanilla frosting, then swirl each top with a little (or a lot) chocolate frosting.
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