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Set the oven to 350 degrees and use non-stick baking spray to grease three 8-inch round cake pans. Use parchment paper to line the bottom of the pan.
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In a large mixing bowl, add the butter and sugars and combine. Put in the eggs and vanilla and combine again until fully incorporated.
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Add the flour, baking soda, baking powder, and salt into another big mixing bowl and combine.
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In a medium bowl, add the cocoa powder and hot water and combine until smooth.
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Gradually combine the wet and dry ingredients. Alternated between the dry ingredients and wet mixture into the butter mixture until combined on low speed.
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Portion out the batter evenly in the prepared cake pans and bake for 22-28 minutes or until a toothpick is placed in the middle and combines out clean.
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Take out and cool for about 10 minutes before placing on a wire rack to cool thoroughly for 10-15 minutes. Make sure the cakes are completely cool before frosting.