Show layer edges and handles

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Display the edges of content in a selected layer
Display transform handles in a selected layer

Showing the boundary or edges of the content in a layer can help you move and align the content. You can also display the transform handles for selected layers and groups so that you can resize or rotate them.

Layer content with edges showing (left) and with transform mode selected (right)

Display the edges of content in a selected layer

Choose View > Show > Layer Edges.

Display transform handles in a selected layer

Select the Move tool .
From the options bar, select Show Transform Controls.
You can resize and rotate layer content using the transform handles. See Transform freely.