Preheat oven to 350 degrees F. Lightly grease 9" cake pan, set aside.
Mix together dry cake ingredients. Add oil, honey and eggs. Beat mixture for several minutes until smooth. Mix in applesauce and nuts (you may eliminate nuts if you like). Place cake mixture into baking pan, bake for 35 minutes. Test cake with toothpick for doneness. Yield: 12 servings