Microwave: In a mixing bowl,pour milk over bread and let stand 1 minute.Add meat,onion,parsley,salt,garlic powder and black pepper; mix well.Roll into 1" size balls;place in a 2 quart microwave safe dish.Cover and cook on high for 6 to 8 minutes or until
done;drain.Blend ketchup with preserves,mustard,vinegar and red pepper sauce.Combine sauce,beans and meatballs.Cover and cook on high for 2 to 3 minutes or until heated through.Makes 6 to 8 servings.