The given equation is in point-slope form.
The general form of an equation in point slope form is:
[tex]y- y_{1}=m(x- x_{1}) [/tex]
Here m is the slope and [tex] x_{1} [/tex] and [tex] y_{1} [/tex] are the coordinates of the point.
So in given equation the slope is 2/3, and the coordinates of point are (1,3)