photoshop text box help

[ash_scotland88]

Totally forgot how to do something simple in photoshop.
For text you used to be able to select how big you want the box to be, and the font used to adjust to this.
Transform seems to squash/pull etc the text.

What am I missing?

 

[ash_scotland88]

Thanks!
I remembered the click and drag so copied everything over, wasn't sure how to convert it.