VFP does not know time data type. You may either use character data type or datetime data type. datetime will always contain both date and time part.
Datetime:
INSERT INTO tableA (Char1,Date1,Num1,DateTime1) VALUES ('Some Text', {12/07/2009}, 27.5, {01/01/1900 10:30:54})
Character:
INSERT INTO tableA (Char1,Date1,Num1,CharTime1) VALUES ('Some Text', {12/07/2009}, 27.5, "10:30:54")
To avoid date ambiguity I would recommend date constants in following format:
{^2009/07/12} or {^2009/07/12 10:30:54}