WordNet sense 1 (adjust for):

compensate, correct, counterbalance, even up, even off, even out

WordNet sense 2 (form or compose):

be, comprise, constitute, represent, represent

WordNet sense 3 (make up work that was missed due to absence at a later point):

catch up with

WordNet sense 4 (do or give something to somebody in return):

pay, pay off

WordNet sense 5 (make up something artificial or untrue):

fabricate, invent, manufacture, cook up

WordNet sense 6 (come to terms):

conciliate, reconcile, settle, patch up

WordNet sense 7 (put in order or neaten):

make