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In a deep fryer or deep skillet, heat oil to 350 F or until hot.
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In a large bowl, beat eggs, milk, and vanilla. Sift flour, sugar, baking powder and salt.
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Add to egg mixture; stir until dry ingredients are moistened and dough is smooth.
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Drop teaspoonfuls of dough into the hot oil; fry until golden brown and doughnuts rise to the surface.
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Drain on paper towel lined plates and serve hot, but they are also good cooled down, you can buy them either way there on Okinawa!