Let's clear up the confusion over 120 VAC supply.
In North America virtually all electric clothes dryers use BOTH 120 VAC and 240 VAC. Thus, the wires supplying power include two Hot lines and one Neutral line. In all current wiring systems there will be also a bare Ground line in the cable supplying to the receptacle box, and the receptacle and plug will have FOUR contacts - two Hot, one Neutral, and a round Ground. Older installations may be missing the Ground. By the way, OP can NOT plug the dryer cable into the outlet for the stove, likely. A stove requires more power, so its supply wiring is heavier and the panel breaker for it is rated higher. Thus, the outlet for it (and associated cable to the stove) has a DIFFERENT blade configuration on it to prevent connecting a lower-power device like a dryer (with smaller wiring) to an outlet that will allow a current higher than the lighter wiring can handle.
Inside the dryer, the heating element will use the full 240 VAC available across the two Hot lines. The timer motor, the main drum drive motor, the interior light bulb, and any electronic circuit boards will use only 120 VAC, provided by drawing from only ONE Hot line plus Neutral. This makes the designs of those items much simpler and easier to replace. The main heating element really is the ONLY thing needing 240 VAC.
OP, I'm not clear about one part of your initial post. You say, "it started to smoke and spark". What "it"? Did the smoke and sparks happen inside the receptacle box, or inside the outlet fitting, or in the new (used) dryer? That would tell you more about where to look for the problem. I suggest you need more diagnostic work, probably using a voltmeter. You should verify that the electrical connections from the breaker panel to the outlet box, and to the specific slots in the outlet fitting, are correct - each Hot line, Neutral, and Ground. IF those are all correct and live, then you can plug the dryer into the outlet, open the dryer chassis, and verify that those same power connections are reaching the terminal block inside the dryver (where the cable connects). All this involves working with a dangerous live electrical circuit, so if you are not good at that, get help from an electrician or at least a friend to DOES know how to do this safely.