Dip the doughnuts into creamy glaze set on the rack then when slightly cooled spread chocolate frosting on top.
Dip in sprinkles or other toppings after chocolate if desired.
Creamy Glaze: Heat butter until melted.
Remove from heat.
Stir in powdered sugar and vanilla until smooth.
Stir in water, 1 tablespoon at a time, until desired consistency.
Chocolate Frosting: Heat butter and chocolate over low heat until chocolate is melted. Remove from heat.
Stir in powdered sugar and vanilla until smooth.
Stir in water 1 tablespoon at a time, until desired.
