The stronger oxidising agent sits higher. E°cell = E°cathode − E°anode, and both values come from this table unchanged, however many electrons the balanced equation needs.
Galvanic cell
ΔG < 0E > 0chem → elec
The reaction runs on its own, converting chemical energy to electrical work. Zn is oxidised at the anode and Cu is reduced at the cathode.
Anode vs cathode
Anode
Oxidation, loses e⁻. Negative (−) terminal, on the left here.
Cathode
Reduction, gains e⁻. Positive (+) terminal, on the right here.
Oxidation is always the anode. The sign changes with the cell type, the role does not.
Nernst equation
E = E° − (RT / nF) ln Q
Building up products raises Q and pulls E down. At equilibrium E = 0 and Q = K, which is a dead battery. Here log₁₀K = 37.2 at 298 K.
Free energy
ΔG = −nFE
With n = 2 and E = 1.100 V, ΔG = -212 kJ/mol. A positive cell potential is a negative ΔG, so the sign of E alone tells you whether the reaction is thermodynamically favoured.
Salt bridge
K⁺ migrates toward the cathode and NO₃⁻ toward the anode. Without that ion path, charge piles up within seconds and current stops.