On the database side you can use:
STR_TO_DATE(), , .
DATE_FORMAT() , .
PHP :
strtotime() - Unixdate - /
strotime Unix, /, . (08/01/2012 09:41), . , date("m/d/Y H:ia").
$field1 = '08/01/2012';
$field2 = '09:41am';
$stamp = strtotime($field1 . ' ' . $field2);
echo date("m/d/Y H:ia", $stamp);
, .